CYB

Jim Trippon submits:

At last! China investors have finally been rewarded for their patience. After a tough first half of the year, I was beginning to wonder when this day would come.

In Shanghai, stocks rang up their biggest weekly gain of the year. The Shanghai Composite Index jumped by more than 6% for a number of key reasons.

Complete Story »

Peter Fuhrman submits:

The Shenzhen Stock Exchange was the world’s busiest and largest IPO market during the first half of 2010. Through the end of June, 161 firms raised $22.6 billion in IPOs on Shenzhen Stock Exchange. The Shanghai Stock Exchange ranked No.4, with 11 firms raising $8.2 billion.

Take a minute to let that sink in.

Econ Grapher submits:

This week we look at some of the major data points out of the two economic juggernauts, China and the US. In particular we focus on China GDP and industrial production, CPI for both China and the US, and the current path of the US trade balance.

1. China GDP

Marc Chandler submits:The news stream continues to be dollar negative. The minutes from the FOMC meeting may not have been as dovish as many had expected, but the subsequent economic data has also been disappointing. The deterioration of the May trade deficit in real terms is prompting economists to lower their Q2 GDP forecasts.