While you were sleeping China, Germany deliver

Thu, 08 Aug 2013

By Margreet Dietz Aug 9 (BusinessDesk) - Wall Street rose, stemming a three-day slide, as the latest exports data from China and Germany surpassed expectations, bolstering optimism about the economic recovery. China's exports climbed 5.1 percent in July from a year ago, well above the 2 percent increase predicted in a Bloomberg News survey and also comfortably above the 3 percent forecast in a Reuters poll. It is a welcome sign of strength in the world's second-largest economy. That was good news for commodities too, boosting prices of coppe...

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