<p>Chinese Industrial Profit for May comes in at -12.6% y/y</p><ul><li>prior -18.2%</li></ul><p>For the YTD January – MaY period Industrial Profits are
<p>Oil prices slumped amidst concerns of oversupply. The market expects that the coordinated cuts announced last week, even if implemented smoothly, will fail to offset the severe contraction in
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