The latest data published by China’s National Bureau of Statistics (NBS) showed that profits earnt by China’s industrial firms in July rose 2.6 y/y vs. a 3.1% drop seen in June. Commenting on the data, the Chinese National Bureau of Statistics (NBS) noted: Downward economic pressures still relatively big despite positive industrial profit growth in July. China needs to work harder on promoting stability of corporate profits. The Aussie keeps its range around 0.6770 region despite upbeat Chinese data, meandering near daily lows of 0.6767 while the Kiwi in on the offers below the 0.64 handle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD technical analysis: Drops to two-week lows after a downside break of rising trendline FX Street 4 years The latest data published by China's National Bureau of Statistics (NBS) showed that profits earnt by China's industrial firms in July rose 2.6 y/y vs. a 3.1% drop seen in June. Commenting on the data, the Chinese National Bureau of Statistics (NBS) noted: Downward economic pressures still relatively big despite positive industrial profit growth in July. China needs to work harder on promoting stability of corporate profits. The Aussie keeps its range around 0.6770 region despite upbeat Chinese data, meandering near daily lows of 0.6767 while the Kiwi in on the offers below the 0.64 handle. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
