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Forecast of Today's Financial and Economic data: China releases the annual profit rate of industrial enterprises above scale in June
Jul 27,2020 00:01CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 27: today we focus on the annual profit rate of industrial enterprises above the scale of June in China.

In terms of data,

The annual profit rate of industrial enterprises above scale in China in June. At present, in China, industrial enterprises above scale refer to those with annual main business income of more than 20 million yuan. The Bureau of Statistics statistics the profit changes of such enterprises. The increase in corporate profits indicates that China's economy is gaining momentum.

The actual monthly rate of retail sales in Germany in June is the leading indicator of consumer spending, which is the most important part of overall economic activity. Retail sales increased, which was good for the euro.

Germany's July IFO business sentiment index is a leading indicator of the health of the economy-companies can react quickly to market conditions, and changes in their views on the economy may be early signs of future economic activity, such as spending, hiring and investment in the economy.

The initial monthly rate of durable goods orders in the United States in June represents the number of orders for non-consumable items in the coming month, which reflects manufacturing activity and, by definition, an order generally refers to a transaction of goods intended to be purchased and expected to be shipped immediately or in the future. The market also pays more attention to the changes in data after deducting supplies from the defense sector and the transport sector, which are used to measure business investment.

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