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Kuwait’s OilMin: Oil prices to improve in July

Livesquawk reports comments from the Kuwaiti oil minister, saying that he expects oil prices to improve in July.

GBP/USD around 1.2800 on UK releases

The demand for the Sterling stays depressed on Wednesday, with GBP/USD still hovering over the 1.2800 handle in the wake of UK data releases. GBP/USD
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European Monetary Union Consumer Price Index (YoY) below forecasts (1.5%) in May: Actual (1.4%)

European Monetary Union Consumer Price Index (YoY) below forecasts (1.5%) in May: Actual (1.4%)
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