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China’s industrial profits plunge -8.8% y/y in August vs. -2.9% July

FXStreet (Mumbai) - As reported by MNI, China's industrial companies have combined profit of CNY448.11 billion in August, down 8.8% y/y, worse than a 2.9% drop in July, the National Bureau of Statistics showed. For the first eight months, industrial profits were down 1.9% y/y.

Gold consolidates around $ 1145 in Asia, US data eyed

The yellow metal continues to trade around a flat line in the Asian session, extending its side-trend from last US session, as markets digest the latest remarks from Yellen, a set of mixed US data, heading into a heavy macro-week ahead.
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Last key data from China before Golden week - TDS

Analysts at TD Securities noted the Chinese data for this week.
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