Scoreboard: Retail relief

Global stocks rose in a subdued session, with solid US data quelling unease over China's GDP figures.

Not a bad session last night although we’re not looking at any large moves – markets evidently cautious. I suspect some of the caution reflects the fact that people don’t really know what to make of China’s data. As you already know it came in as expected and we didn’t see any carnage in Asia yesterday – indeed stocks rose, albeit modestly.

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