Negative China Data Could Move Markets
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News out of China overnight showed that growth in imports during April was only 0.3 percent, far below forecasts of an 11 percent increase. Meanwhile, exports managed growth of just 4.9 percent versus expectations of 8.5 percent.
Look for moves in these ETFs today- iShares FTSE China 25 Index Fund (NYSE: FXI) Claymore/Delta Global Shipping (NYSE: SEA).
Look for moves in these ETFs today- iShares FTSE China 25 Index Fund (NYSE: FXI) Claymore/Delta Global Shipping (NYSE: SEA).
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