China Industrial Profits data due at the bottom of the hour
China's industrial firms' profitability for January and February (combined) due for release at 0130 GMT, 2130 US Eastern time.Industrial profits fell 2.3% in 2023second straightht yearly declineLate last year 'green shoots' on profitability began to emerge. Profits rose 16.8% y/y in December, a fifth month of gains. This article was written by Eamonn Sheridan at www.forexlive.com.
China's industrial firms' profitability for January and February (combined) due for release at 0130 GMT, 2130 US Eastern time.
Industrial profits fell 2.3% in 2023
- second straightht yearly decline
Late last year 'green shoots' on profitability began to emerge. Profits rose 16.8% y/y in December, a fifth month of gains. This article was written by Eamonn Sheridan at www.forexlive.com.