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EUR/JPY extends upside to near 167.50 despite strong Japanese CPI inflation data
The EUR/JPY cross attracts some buyers to around 167.50 during the early European session on Friday. The uncertainty over the timing of the next Bank of Japan (BoJ) rate hike weighs on the Japanese Yen (JPY).
Fxstreet
Fri, Jun 20
China's rare earth magnet shipments halve in May due to export curbs
By Amy Lv and Ryan Woo BEIJING, June 20 (Reuters) - China's overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs.Beijing said this month that it would speed up its approval process, a concession made aft...Reuters
Fri, Jun 20
Vietnam, US hold negotiations on new trade deal, ministry says
HANOI, June 20 (Reuters) - Vietnam and the United States held an online round of negotiations on a new trade deal on Thursday night, the Ministry of Industry and Trade said on Friday. During the negotiations with U.S. Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, Viet...Reuters
Fri, Jun 20
Slow rate hikes could cause wage-price spiral, BOJ paper says
TOKYO, June 20 (Reuters) - Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said in a research paper released this week.Reuters
Fri, Jun 20
World Bank urges 'radical' debt transparency for developing countries
By Libby George LONDON, June 20 (Reuters) - The World Bank is urging "radical" debt transparency for developing countries and their lenders to stave off future crises, it said in a report released on Friday. The Bank wants to broaden the depth and detail of what sovereign countries disclo...Reuters
Fri, Jun 20
US President Donald Trump: I will give Iran last chance to make a deal before we strike
According to the US Senate Intelligence Committee Chair, US President Donald Trump said that he will give Iran the last chance to make a deal to end its nuclear program. Trump added that he would delay his final decision on launching strikes for up to two weeks.Fxstreet
Fri, Jun 20
US assesses Iran remains undecided on building a bomb
The New York Times reported late Thursday that US intelligence agencies continue to believe that Iran has yet to decide whether to make a nuclear weapon even though it has developed a large stockpile of the enriched uranium necessary for it to do so.Fxstreet
Fri, Jun 20
