Westpac: RBNZ to cut rates in August

The Reserve Bank of New Zealand will maintain status quo next week and cuts rates by 25 basis points in August to a new record low of 1.25%, according
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Japan Manufacturing PMI shows fastest drop in new orders since June 2016

Japanese mannufacturing activity deteriorated in June with new orders registering sharpest drop since June 2017. The IHS Markit Flash Japan Manufactur
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