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How to Trade the China GDP Report

From cnbc.com

If you have high hopes for the upcoming China GDP report, this strategist has a trade for you. After weeks of worry about Chinese economic growth, investors seem to have decided to change their minds - and it's showing in both stocks and currencies. "A lot of good positive mojo coming out of China right now," says Andrew Busch, global currency and public policy strategist for BMO Capital. Busch told CNBC's Scott Wapner that the latest report on new yuan loans "soared," coming in well above expectations, and that report is usually a good predictor of GDP He was also impressed by the latest employment report ... (full story)

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  • Category: Breaking News