China GDP Statistics – Growth Slowing, Swans Swimming

If you’ve got money in the markets I can only suggest you set your alarm clocks an hour or two early tomorrow morning.

China’s GDP numbers are out Sunday night – and you can bank on the fact that markets are going to move. The set up has all the necessary components to blow heads off those caught sleeping in, as the data coming out of China “IS” essentially what the market is waiting on. It’s suggested that the numbers don’t look good.

Even if China’s GDP statistics come in ” as analyst believe” I still see it as a disapointment (as seen through the recent moves in AUD – The Australian Dollar, with risk related currencies still having one hell of a time getting off their asses considering stocks have pushed on. A “big” disapointement will affirm that “risk has been sneaking out the back door” for months now, and could even get a couple of those “black swans” up  – and out  on the water early.

China’s business cycle is ( as any normal business cycle does ) entering a period of slower growth ( not some kind of catastrophe – considering evn 6.7% is freakin major) but the unfortunate timing of this, coupled with likely poor earning reports in U.S for second quarter “should” make for some fireworks to say the least.

I have already signaled short $SPX Thursday afternoon, as well would look to instigate “Long JPY” trades on a seconds notice here on Sunday night….as this could serve to make for some very serious action in Forex Markets.

ETF wise….watch $FXA, as well take a look at “EWJ” short –  for an economical play on “risk aversion” and JPY strength.