News
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RPT-BREAKINGVIEWS-The debt supercycle has reached its final leg
By Edward Chancellor LONDON, July 24 (Reuters Breakingviews) - British politicians know that their workplace, the Palace of Westminster, is in a shambolic state. The 19th-century complex of buildings suffers from an infestation of vermin, falling masonry, leaking water from lead piping, and worn-...Reuters
Fri, Jul 25
USD/CNH: Likely to trade in a range between 7.1440 and 7.1630 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1440 and 7.1630 against Chinese Yuan (CNH). In the longer run, USD view is negative; it could drop to 7.1295, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 25
Strong rise in LNG supply provides relief for Gas market – Commerzbank
European Gas prices have fallen significantly following the de-escalation of the situation in the Middle East: at just over EUR 32 per MWh, the TTF reference price is now only slightly above this year's low at the end of April, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Fri, Jul 25
China January-June fiscal revenue dips, expenditure rise slows down
BEIJING, July 25 (Reuters) - China's fiscal revenue dipped 0.3% in the first six months from a year earlier, the finance ministry said on Friday, maintaining the rate of decline seen between January and May.Fiscal expenditure increased 3.4% year-on-year in the January-June period, slower than th...Reuters
Fri, Jul 25
DXY: Likely to face a range-trade for now – OCBC
US Dollar (USD) snapped decline overnight as US data - initial jobless claims, prelim services PMI surprised to the upside while UST yields drifted higher. DXY was last at 97.71 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Jul 25
