Pace of Chinese investment quickens, rate rise seen
Pace of Chinese investment quickens, rate rise seen
BEIJING (Reuters) – Chinese capital spending in October rose at the briskest pace in over a year, rounding out a strong batch of monthly economic data and cementing expectations of a fresh rise in interest rates, possibly as early as Friday.
Source: feeds.reuters.com
Kohl’s posts lower profit, cuts forecast
ATLANTA (Reuters) – Kohl’s Corp , a mid-priced retailer of apparel and home goods, reported a nearly 14 percent drop in third-quarter net income, and cut its earnings forecast for the holiday selling season and full year.
Source: feeds.reuters.com
Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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