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View Full Version : Shanghai up on China data as US jobs growth fuels rate hike talk



Wireless News
06-08-2015, 03:51 AM
http://l.yimg.com/bt/api/res/1.2/UXPm2EjxVfP0fyXpQA9G6A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/2bf13e5d1452ee79eb4023d13ce497803acfae37.jpg (http://news.yahoo.com/asia-stocks-retreat-us-jobs-data-fuel-rate-030054563.html)Official data Monday showed Chinese imports slumped 17.6 percent in May, a seventh straight fall, and much sharper than the median forecast of 10 percent by a Bloomberg News poll of economists. "There are a number of uncertainties out there, especially since equities have performed very well this year." The yen won a measure of support from figures showing Japan's economy grew 1.0 percent in the first quarter, up from an initial estimate of a 0.6 percent expansion.



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