The Forecast of Today's Financial and Economic data: pay attention to the profit data of Industrial Enterprises above scale in China

Published: May 27, 2020 00:08

Save

SMM5 March 27: today's concern ECB President Christine Lagarde attended the "ECB Q & A" activity, the Bank of Canada announced the interest rate resolution.

In terms of data, the amount of profits of industrial enterprises above the size of China and the increase in corporate profits indicate that China's economy is gaining momentum. As Australia's largest trading partner, the acceleration of China's economy is beneficial to Australian exports and is most useful for promoting the Australian economy, so it is good for the Australian dollar.

Today's important financial data:

SMM "combination of period and present" training course

Registration contact: Lu Qingping, Iron and Steel Division of SMM

Tel: 021mur51595781 / 187MUE 1777MUE 4590

SMM comment exclusive report headline recommendation

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money

Implats’ 2010–2025 operating record shows why higher output does not always mean stronger profits. Metal prices, operating disruptions, acquisitions and currency movements shaped performance. Palladium and rhodium prices fell sharply after FY2021. FY2026 results show a recovery, but lasting strength depends on safe operations, reliable processing, disciplined costs and converting metal into cash, rather than relying on favourable prices alone.

7 hours ago

12 hours ago

[SMM Precious Metals Express]

Implats is reassessing the strategic value of its Waterberg PGM project. The company’s management recently stated that the revised Waterberg plan, following scale reduction and capital cost optimisation, is more attractive than previous versions, and the project has re-entered the group’s future growth pipeline. This development also reflects an increasingly pressing reality for South Africa’s PGM industry: projects capable of delivering incremental output at lower risk and reasonable capital intensity are becoming scarce.

12 hours ago

[SMM Precious Metals Express]

A major green hydrogen project in South Africa has taken another key step forward. Hive Hydrogen South Africa announced on September 15 that it has formally awarded the front-end engineering design (FEED) contract for its approximately USD 5.8 billion green hydrogen and green ammonia project to Spanish engineering firm Técnicas Reunidas. The project, now in the late development stage, is regarded as a flagship green hydrogen initiative in South Africa and one of the key demonstration projects under the European Union’s Global Gateway programme in the country.

12 hours ago