This morning Morgan Stanley upped its 2012 global growth estimates and it was fueled by a revision in China's numbers.
The firm now believes the 2012 global GDP will come in at 3.7% versus 3.5%.
China's GDP estimate is now 9.0% versus the 8.4% it had in recent months. One of the main factors behind the move is anticipated stimulus from China's government to help boost growth.
Japan's GDP was also increased to 1.8% versus 1.1%.
ETFs to Watch: iShares China ETF ($FXI), iShares Japan ETF ($EWJ), Vanguard Total World ETF ($VT)
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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