Back to top

Real Time Insight

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Recent domestic economic data has failed to provide any clarity on the direction of the US economy or the monetary policy and the market participants are now hoping that China’s Q1 GDP, scheduled to be released tomorrow would provide some answers about what is happening in the world’s second largest economy.

There are some “whispers” in the market about the number being higher-than-expected; the whisper number being around 9.0% versus consensus estimate of about 8.4%. 

This morning, the World Bank cut its growth forecast for China to 8.2% from its earlier forecast of 8.4% for 2012, citing U.S. and European economic problems and Chinese lending and investment curbs imposed to cool an overheated economy.

The Asian Development Bank came out with a stronger expectation yesterday- 8.5% in 2012, on the back of strong investment and rising private consumption.

The Chinese Premier Wen, on the other hand has stated said that GDP may only grow by 7.5% in 2012.

While there is no doubt that China has been slowing, the question is whether it can avoid a hard-landing.

Also, while there is always a big question on the reliability of official Chinese data, the market is usually pretty sensitive to the Chinese GDP data and if the numbers come in below expectation tomorrow, the market may sell off.

Some of the recent numbers have been contradictory and confusing. For example, the official PMI showed expansion but the HSBC PMI for March showed significant contraction. More recently, the narrow trade surplus for March surprised everyone, as the exports grew much faster than expected.

What is your expectation about the Chinese GDP? Will it provide a direction to the market tomorrow?

5 Stocks to Double in 2014

Today, you are invited to receive a free Special Report from Zacks Investment Research. It reveals five companies that could gain +100% and more in the next 12 months.

One is set to ride a little-known All-American energy boom. Another is a chip maker looking for big gains through Google Glass. Another could be the next alternative energy "Tesla."

Close This Panel X

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E HOUSECHINA EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTERNATIONA ICAGY 33.30 +5.38%