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Forex
AUD steadies following mixed economic data from China
The Australian Dollar declines due to risk aversion amid escalating Israel-Iran tensions. China’s Retail Sales climbed 6.4% YoY in May,…
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Economics
NBS: In H1 2025, China’s economy is expected to have remained generally stable
ts press conference on Monday. Key quotes (via Reuters) Many uncertainties in the international environment, foundation of economic recovery needs…
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Forex
JPY remains on the back foot ahead of the crucial BoJ policy meeting
The Japanese Yen kicks off the new week on a weaker note, though the downside seems limited. Rising geopolitical tensions…
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Economics
New Zealand’s Services PMI for May remains in deep contraction at 44.0 vs. prior 48.1
BNZ – BusinessNZ Performance of Services Index (PSI) + PMI are “consistent with the economy returning to recession” BNZ –…
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Economics
Asking prices for UK homes show biggest June fall since 2011
Fallen by the most in 14 years for this time of year UK Rightmove House Prices for June 2025: -0.3%…
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Geo-Political
Israeli media, says Iranian attacks on Tel Aviv, Haifa heaviest barrage since war began
Iran’s most recent wave of missiles fired at Israel: Israel has detected another wave of ballistic missiles launched from Iran…
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Geo-Political
‘Unprecedented’ number of US Air Force aerial refueling tankers heading toward Europe
This could be an escalation sign (d’uh) A large-scale military airlift seems to be in progress, with an unusually high…
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Economics
China Industrial Output May 2025 +5.8% y/y (expected 5.9%, prior +6.1%)
Chinese retail sales and investment data published also That’s a very good retail sales result, well ahead of expected and…
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Markets
A Bullish Start to The Week on Wall Street
US markets open Monday’s session higher as Wall Street sentiment was reinforced by the easing of US-China tariff tensions. Stocks…
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Banks
EUR tumbles 1.5% on the day – Scotiabank
The Euro (EUR) is weak, down 1.5% vs. the US Dollar (USD) and seeing its largest one day decline since early November,…
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