Market Comment | Ongoing concerns about Chinese slowdown drive risk assets lower
Published on Monday, December 28, 2015 | Updated on Monday, December 28, 2015
Market Comment | Ongoing concerns about Chinese slowdown drive risk assets lower
Summary
China’s industrial companies’ profits kept falling in November. Industrial companies earning fell for a sixth consecutive month in November (-1.4%, previous month -4.6%), led by commodity-linked companies. Japan released weak activity data, sparking expectations of further BoJ stimulus. Industrial production fell more than expected (-1% MoM, consensus -0.6% MoM, previous +1.4% MoM), while retail sales […]
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BBVA Research
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