{"id":42705,"date":"2019-01-14T05:53:26","date_gmt":"2019-01-14T10:53:26","guid":{"rendered":"https:\/\/olduvai.ca\/?p=42705"},"modified":"2019-01-14T05:53:26","modified_gmt":"2019-01-14T10:53:26","slug":"stocks-are-falling-after-a-fresh-set-of-horrible-data-out-of-china-reignited-worries-about-the-global-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=42705","title":{"rendered":"Stocks are falling after a fresh set of horrible data out of China reignited worries about the global economy"},"content":{"rendered":"<section class=\"post-headline-wrapper\">\n<h3 class=\"post-headline \"><a href=\"https:\/\/www.businessinsider.com\/stock-market-news-china-trade-data-weak-scares-investors-2019-1\">Stocks are falling after a fresh set of horrible data out of China reignited worries about the global economy<\/a><\/h3>\n<\/section>\n<div class=\"col-12\">\n<figure id=\"img-903380\" class=\"figure image-figure-image   postload\" data-type=\"img\" data-e2e-name=\"image-figure-image\" data-media-container=\"image\"><img decoding=\"async\" src=\"https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-750-375.jpg\" sizes=\"\" srcset=\"https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-160-80.jpg 160w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-320-160.jpg 320w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-480-240.jpg 480w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-640-320.jpg 640w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-750-375.jpg 750w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-960-480.jpg 960w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-1136-568.jpg 1136w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-1334-667.jpg 1334w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-1536-768.jpg 1536w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-1920-960.jpg 1920w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-2560-1280.jpg 2560w, https:\/\/amp.businessinsider.com\/images\/5c3c4d43bd773044a22307c5-2732-1366.jpg 2732w\" alt=\"china shanghai stock exchange\" \/><figcaption class=\"image-caption\" data-e2e-name=\"image-caption\">Another day, another weak set of Chinese data.<\/figcaption><span class=\"image-source-caption \"><span class=\"image-source\" data-e2e-name=\"image-source\">REUTERS\/Darley Shen<\/span><\/span><\/figure>\n<\/div>\n<section id=\"l-content\" class=\"is-right-rail\" data-track-page-area=\"Post\" data-post-content=\"\">\n<section class=\"row\">\n<div class=\"col-12\">\n<article>\n<section class=\"post-content typography \" data-track-content=\"\" data-post-type=\"post\">\n<div class=\"\">\n<ul class=\"summary-list \">\n<li><strong class=\"\">A fresh set of troublingly poor data out of China has investors running for cover on Monday, with all major stock indexes around the world losing ground on the week&#8217;s first trading day.<\/strong><\/li>\n<li><strong class=\"\">Trade data showed that the value of Chinese imports and exports fell heavily in the year to December.<\/strong><\/li>\n<li><strong class=\"\">The news has pushed stocks around the world lower, with futures pointing to losses of as much as 0.9% for the Nasdaq when US markets open later Monday.<\/strong><\/li>\n<li><strong class=\"\">European and Asian shares have also dropped, with the market further hindered by thin liquidity in Asia as Japanese traders enjoy a public holiday.<\/strong><\/li>\n<li><strong class=\"\"><a href=\"https:\/\/markets.businessinsider.com\/indices\">Follow the latest stock moves at Markets Insider.<\/a><\/strong><\/li>\n<\/ul>\n<div data-piano-inline-content-wrapper=\"\">\n<p class=\"\">A fresh set of troublingly poor data out of China has investors running for cover on Monday, with all major stock indexes around the world losing ground on the week&#8217;s first trading day.<\/p>\n<p class=\"\"><a href=\"https:\/\/www.businessinsider.com\/chinas-annual-trade-surplus-with-the-us-hits-the-highest-level-on-record-2019-1\">The value of Chinese imports and exports fell heavily in the year to December,<\/a> adding to a lengthening list of evidence that all is not well in the world&#8217;s second largest economy.<\/p>\n<p class=\"\">According to China&#8217;s General Administration of Customs, the value of exports tumbled 7.6% from a year earlier in US dollar terms, coming in well below the median economist forecast offered to Reuters for an increase of 5%.<\/p>\n<p class=\"\">The year-on-year drop in imports and exports was the largest since the second half of 2016.<\/p>\n<p class=\"\">&#8220;Weaker than expected trade figures are immediately weighing on commodity and equity markets and associated currency baskets,&#8221; Stephen Innes, head of trading in the Asia Pacific region for OANDA said in an email. &#8220;Sorry, no frontloading in this data to hang one&#8217;s hat on!&#8221;<\/p>\n<p>\u00a0\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/article>\n<\/div>\n<\/section>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Stocks are falling after a fresh set of horrible data out of China reignited worries about the global economy Another day, another weak set of Chinese data.REUTERS\/Darley Shen A fresh set of troublingly poor data out of China has investors running for cover on Monday, with all major stock indexes around the world losing ground [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[9218,130,366,2443,23929],"class_list":["post-42705","post","type-post","status-publish","format-standard","hentry","category-economics","tag-business-insider","tag-china","tag-global-economy","tag-stock-markets","tag-will-martin"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42705"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42705\/revisions"}],"predecessor-version":[{"id":42706,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42705\/revisions\/42706"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}