Bear market rallies are sharp, quick and usually short
Be wary of 1,000+ point Dow gains.
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China December daily crude steel output at lowest since MarchChina's average daily steel output in December hit its lowest level since March, according to Reuters calculations based on official data, as producers cut output amid shrinking profit-margins.
from Reuters: Business New… Read More- China's survey-based jobless rate up to 4.9 percent in DecemberChina's survey-based jobless rate was 4.9 percent at the end of December, the statistics bureau said on Monday, slightly up from 4.8 percent in November.
from Reuters: Business News https://reut.rs/2MnFQOf
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- China's 2018 property investment up 9.5 percent year-on-yearReal estate investment in China rose 9.5 percent in 2018 from a year earlier, slowing from a 9.7 percent gain in the first 11 months of the year, official data showed on Monday.
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- China's fourth quarter GDP rises 6.4 percent year-on-year, in line with forecastChina's economy grew 6.4 percent in the fourth quarter of 2018 from a year earlier, official data showed on Monday, in line with expectations and slower than the previous quarter's 6.5 percent growth.
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- Asia stocks calm as China slows, awaits Brexit newsAsian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.
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