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Reserve Bank of Australia says an oil shock could alter inflation expectations.

2026-07-08

Reserve Bank of Australia says an oil shock could alter inflation expectations.

Other News
2026-07-08

China A-share Huawei Ascend AI-chip concept stocks rallied; Hengwei Technology hit the daily trading limit, Zhongcheng Technology rose over 15%, and Guangdian Yuntong, Shenzhou Digital and Lihexing also gained.

China A-share Huawei Ascend AI-chip concept stocks rallied; Hengwei Technology hit the daily trading limit, Zhongcheng Technology rose over 15%, and Guangdian Yuntong, Shenzhou Digital and Lihexing also gained.
2026-07-07

France Finance Minister Lescure said the government has cut its 2026 GDP growth forecast to 0.7% as output is being dragged down by budget approval delays and the Middle East conflict, including the Iran war. He said the revision reflects a weaker-th

France Finance Minister Lescure said the government has cut its 2026 GDP growth forecast to 0.7% as output is being dragged down by budget approval delays and the Middle East conflict, including the Iran war. He said the revision reflects a weaker-than-expected start to the year, while inflation and consumption data are more encouraging. The budget had been based on a 0.9% growth assumption for 2026; the new forecast aligns with Insee, whereas the Bank of France expects weaker growth of 0.5%. Lescure blamed a deeply split parliament for postponing budget passage, forcing the government to temporarily extend key spending and tax measures via special legislation.
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