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Australian shares were little changed in Wednesday morning trade, hovering around 8,789 after four consecutive sessions of losses and holding near their lowest level in more than a week. Investors remained cautious ahead of May CPI figures due later today, with forecasts pointing to a pickup in annual inflation from April’s 4.2% but a rare month-on-month decline, which would ...


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The Nikkei 225 Index fell 0.6% to below 69,500 on Wednesday, extending the previous session’s declines. Sentiment was weighed down by a tech-led selloff on Wall Street amid mounting concerns over aggressive AI-related capital expenditure by major cloud and hyperscale operators.

Domestically, the Bank of Japan’s Summary of Opinions from its June meeting indicated that mo...


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Gold dropped below $4,100 an ounce on Wednesday, approaching a seven‑month low as expectations of tighter Federal Reserve policy outweighed support from the interim US‑Iran peace accord, which had helped ease inflation concerns. At its latest policy meeting, Fed officials left interest rates unchanged but signaled growing support for future rate hikes, while new Fed Chair Kev...


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The Bank of Japan’s Summary of Opinions from its June meeting indicated that policymakers generally consider it appropriate to continue raising the policy interest rate. They noted that underlying inflation is moving toward the 2% target, while overall financial conditions remain accommodative.

Several members remarked that, if the economy and prices develop broadly in ...


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US stock futures were little changed on Wednesday as investors awaited Micron Technology’s earnings report, with the memory chip sector continuing to ride the momentum from the global build-out of AI infrastructure. Micron shares rose more than 1% in after-hours trading, while rival Sandisk gained about 1%, both clawing back a fraction of the more than 13% they each lost in T...


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