China's Economic Data Added Worries to Global Growth Outlook

Released earlier today, China's GDP growth fell below +7% for the first time since 2009. Expanding at a rate of +6.9% y/y in 3Q15, China is not only at risk of missing the official growth target of +7% this year, but has also raised concerns over the global economic outlook. Other indicators were also disappointing with IP growth moderating to +5.7% y/y in September from +6.1% a month ago.

from Oil N' Gold Focus http://ift.tt/1RQSfpK