Investors shrug off weak Chinese data, while UK jobless rate falls again Despite more weak data from China - this time industrial production and retail sales - as well as concerns about a US rate rise in December and renewed problems in Greece and Portugal, leading shares are recovering in early trading after four days of decline. In China, industrial production in October fell from 5.7% the previous month to 5.6% while retail sales disappointed despite an 11% rise. But this was by no means a disaster, and investors seemed unfazed by it. Tony Cross, market analyst at Trustnet Direct, said: Continue reading...
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