ECONOMICS

By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and analysts

1. The worst of China’s economic downturn may be behind us as stimulus impact feeds through. Data released Friday showed industrial production and retail sales in August both significantly beat estimates and picked up from the previous month. That gave investors reasons to believe that economic activities may be bottoming, even though the property market remains stuck in a rut.

The People’s Bank of (more…)

Authored by Patrice Onwuka via RealClear Wire,

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After surging in July, US Industrial Production was expected to rise very modestly (+0.1% MoM) in August. Instead, despite signals from ISM surveys that the industry is in contraction, industrial production rose 0.5% MoM. That surprise pulled orders up 0.25% YoY…

Source: Bloomberg

In August, the drop in the output of motor vehicles and parts contributed to declines in the indexes for consumer durables and transit equipment.

Source: Bloomberg

Most of the (more…)