Better-than-expected economic data

An overview of world stock markets on Tuesday (15/09/2020)(7:41 AM - 16/09/2020)

Better-than-expected economic data out of China overnight helped boost contracts on US stock indices and global equities, as signs that the economy first hit by the coronavirus pandemic was bouncing back at a faster than anticipated clip. China’s retail sales rose in August by 0.5% year-over-year, marking the first increase so far this year and topping expectations for a flat reading. Industrial production increased 5.6% in August over last year, versus a 5.1% rise expected.

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