Australia Posts Surprise Trade Surplus

Australian retail sales advanced more than economists forecast in June, led by gains at department stores and clothing shops. The local currency strengthened.

Russia Will Deliver Positive Returns in 2016: UBS
21:32 - Bhanu Baweja, global head of emerging market cross asset strategy at UBS, discusses his outlook for Russia's economy and emerging markets. He speaks to Bloomberg's Guy Johnson and Anna Edwards on "Countdown." (Source: Bloomberg)
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