Charting the Markets: China Disappoints for a Second Day

There's more China data to digest, and the answer could be more central bank support for the world's second largest economy. Consumer price gains slowed in September from a year earlier, rising 1.6 percent. Producer prices sank 5.9 percent, the 43rd month of declines. Attention now turns to Monday's gross domestic product data, which is forecast to show an expansion of 6.8 percent, below the government's 7 percent target. After nine days of gains, global stocks are falling for a second session.

China's stocks fell for the first time in six days, ending the longest winning streak since July, after inflation data highlighted the fragility of the economy. The value of all Chinese equities, at the close on Tuesday, was $5.72 trillion. While that's up from a month ago, they have lost $4.33 trillion since their June 14 peak. To put that in perspective, the U.K. stock market is valued at $3.5 trillion, while the German stock market has a $1.7 trillion market cap. Japanese stocks are valued at $4.7 trillion.