Fortune Cookie Say: “Good Econ Data!” The Sultan Returns. Welcome To Monday.

Fortune Cookie Say: “Good Econ Data!” The Sultan Returns. Welcome To Monday.

Boom! It's Monday. Let's hit the ground running in China, where we got a raft of econ data overnight. People like bullet points, especially when they've got a vacation hangover, so here's the quick take: CHINA 1Q GDP GROWS 1.3% Q/Q; EST. 1.5% CHINA 1Q GDP GROWS 6.9% Y/Y; EST. 6.8% CHINA MARCH INDUSTRIAL OUTPUT RISES 7.6% Y/Y; EST. 6.3% CHINA JAN.-MARCH RETAIL SALES RISE 10.0% Y/Y; EST. 9.6% CHINA MARCH RETAIL SALES RISE 10.9% Y/Y; EST. 9.7% CHINA JAN.-MARCH FIXED INVESTMENT RISES 9.2%
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