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China power output jumped to 3-year high in July

China power output gauge, which is often considered as a more reliable indicator of the factory activity increased 8.6% y/y in July. It is the highest monthly gain since May 2014.

NBS said the sharp rise in thermal power generation since December.

NBS: China July crude output down 2.9% y/y to 16.25m tons

According to China’s National Bureau of Statistics (NBS), China’s crude output dropped 2.9% Y/Y to 16.25m tonnes in July.
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Japan Govt: Japan Q2 GDP blows past expectations on robust domestic demand - RTRS

According to the latest Japanese government data released on Monday, Japan's economy grew at the fastest pace in more than two years in the second qua
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