Posted inAustralia, China, European Union, Oceania, World

Mining stocks slip after China data misses forecasts

Mining stocks were knocked down from recent highs after China imports missed forecasts of 16.6% growth, expanding at an 11% pace for July. The mining sector is weaker in Europe and Australia following the data release. Chinese exports also underwhelmed, growing 7.2% to start the third quarter, versus estimates of 10.9% rise. It was the […]