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Recap of the weekend China profits data, first monthly rise in half a year

June 29, 2020 at 12:38AM

Recap of the weekend China profits data, first monthly rise in half a year
China data – May 2020 industrial profits +6.0% y/y (prior -4.3%)
The first positive since November of last year. Note from that post linked above, the YTD is still negative.

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