• Hedgeo Team

GLOBAL: China stocks soar, recover from virus losses

Shares in Shanghai closed up 2.3% overnight, recouping all their losses from a record $720 B selloff earlier this month as local markets reopened following an extended Lunar New Year break. READ HERE

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On the economic menu for today is the second estimate for fourth quarter GDP, which is expected to be unchanged at 2.1%, while durable goods orders for January are likely to show a 1.5% decrease (vs.