How Chinese GDP affect the U.S. market# Stock
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Above 7%, market will soar.
Just 7%, this news will have no effect on the market because no info from
this number.
Between 6.8 and 7, market will be down as when the official agency cannot
make the number up to 7, that smells deep trouble and the true number can
well below 6.8.
Below 6.8 but above 6.5, market will open low first due to concern about the
economy being so bad then finish higher because it further reduced the
chance of rate increase in the near future. Also, if the official agency
announces those low numbers, it may increase the credibility of those
numbers, making people think the economy may be growing at around 6.5, not
good but certainly not a disaster.
Anything below 6.5, market will crash as this is really dooms day scenario.
Just 7%, this news will have no effect on the market because no info from
this number.
Between 6.8 and 7, market will be down as when the official agency cannot
make the number up to 7, that smells deep trouble and the true number can
well below 6.8.
Below 6.8 but above 6.5, market will open low first due to concern about the
economy being so bad then finish higher because it further reduced the
chance of rate increase in the near future. Also, if the official agency
announces those low numbers, it may increase the credibility of those
numbers, making people think the economy may be growing at around 6.5, not
good but certainly not a disaster.
Anything below 6.5, market will crash as this is really dooms day scenario.