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China puts US soy purchases on hold - Bloomberg

According to a Bloomberg report - citing people familiar with the matter, China has put purchases of American supplies on hold amid the recent escalation in the trade war between the two countries. The report further states that China currently has no plans to cancel previous purchases of American soybeans.

USD/JPY climbs to 1-week tops, 110.00 mark back on sight

• Improving risk sentiment dents the JPY’s relative safe-haven status. • The USD remains supported by a solid rebound in the US bond yields. • Focus
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Australia: Uncertain investment outlook in capex - Westpac

Andrew Hanlan, analyst at Westpac, notes that Australia’s Q1 capex spending disappointed as it declined by 1.7%. Key Quotes “Falls were evident across
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