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China GDP eyed as global cross currents swirl
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian financial markets brace for Chinese GDP figures on Wednesday, the key number in a batch of Chinese indicators to be released as investors also try to navigate a heavy flow of global economic, market and geopolitical cross currents. Wall Street closed flat to slightly lower on Tuesday, after forecast-busting U.S. retail sales data stoked expectations for another Fed rate hike by year-end and pushed Treasury bond yields sharply higher. This was set against some upbeat Q3 results from Wall Street giants like Bank of America, ... (full story)