Australia Holds Interest Rate

Australia’s central bank kept interest rates unchanged today as cuts in May and June help sustain household demand and the local currency’s strength contains inflation.
How Will the PBOC React to China’s Manufacturing PMI?
09:17 - Bloomberg’s Ramy Inocencio examines China’s manufacturing PMI and the deflation risks that are mounting on China. He speaks with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)
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