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Asian markets extend gains on US trade deal hopes
Asian markets extend gains on US trade deal hopes
by  AFP

Asian markets extended the week's gains Thursday on optimism other countries will follow up Japan's US trade deal with ones of their own, with speculation building that the European Union is on course.

Germans reluctant to open wallets despite easing inflation
Germans reluctant to open wallets despite easing inflation
by  AFP

The cost-of-living crisis may be easing in Germany but that has not sparked a shopping frenzy just yet in a country where, as a recent survey suggests, people fear inflation more than war. A recent survey by an army research centre showed German consumers fear rising prices more than a war between the West and Russia.

ECB expected to hold rates as more Trump tariffs loom
ECB expected to hold rates as more Trump tariffs loom
by  AFP

The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance. But the relatively more favourable monetary policy conditions look fragile with an August 1 deadline for the possible imposition of punitive tariffs on European exports into the United States set by Trump.

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