Chinese Industrial Profits (YTD) YoY (Feb) Y/Y 15.2% (Prev. 0.6%)
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Chinese Industrial Profits (YTD) YoY (Feb) Y/Y 15.2% (Prev. 0.6%)
PBoC injects CNY 146.2bln via 7-day reverse repos with the rate at 1.40%
Japanese Chief Cabinet Secretary Kihara says the Cabinet approved a provisional budget today and says wants to use ties with Iran for de-escalation
On the Newsquawk feed at , 20 minutes before this page.
Context
The sharp increase in Chinese industrial profits year-to-date indicates a significant rebound in profitability, rising from just 0.6% previously to 15.2%. This substantial jump suggests improving economic conditions, which could have positive implications for growth expectations and potential policymaking in China.
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