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Risk sentiments were decidedly positive overnight as we
saw equity indices edge higher across the board. However sentiment seems
to have shifted into early Asia where we see NZD leading the AUD lower.
The former had fallen after RBNZ further tightened lending restrictions
on housing market, potentially paving the way for a rate cut on 11 Aug.
USDSGD edged higher to levels around 1.3490. Not helping risk appetite is
the three missile launches by North Korea that could raise
geopolitical... |
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