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Japan’s Shirai: It's better for BOJ to wait until December

In an interview with Bloomberg this Monday, Former Bank of Japan (BOJ) board member Shirai noted that the central bank should wait until December before easing further.

Key Quotes:

“It's better for BOJ to wait until December”

“Can’t rule out a chance of Sept easing though”

“BOJ should improve its communcations”

“Review adds to mkt volatility”

EUR/USD keeps range around 1.1170 on PMIs

The EUR/USD pair keeps its range-trade intact and continues to waver in the upper bound of 1.11 handle, largely unperturbed by the release of Eurozone
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UK manufacturing PMI decelerates in July, lowest since early 2013

The manufacturing sector activity in the UK economy surprised the markets to the downside in the month of July, decelerating into the contraction terr
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