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Stocks in Asia launched a new week lower. S&P/ASX 200 drops 1.6%, Kospi declines 1% while Nikkei plunges over 3%. Indices from China trade lower as well. Declines come after US indices dropped hard on Friday
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DAX futures point to a lower opening of the European session
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According to the Telegraph, United Kingdom is unlikely to lift pandemic restrictions before 4-week extension ends even if data shows big improvement
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United States has extended ban on non-essential travel to Mexico and Canada until July 21
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South Korean exports increased 29.5% YoY during the first 20 days of June while imports were 29.1% YoY higher. Semiconductor exports increased 28.5% YoY
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Preliminary retail sales data from Australia showed a 0.1% MoM increase in May (Exp. 0.4% YoY)
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Australia filed a complaint at WTO over Chinese tariffs on Australian wine
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Bitcoin trades near $34,000 mark
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Silver and platinum drop over 1%, gold trades slightly lower while palladium gains
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Oil trades higher, industrial metals trade mixed and agricultural goods drop
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NZD and JPY are the best performing major currencies while CAD and CHF lag the most
Nikkei (JAP225) failed to hold above the upper limit of the Overbalance structure and the index resumed decline. Downtrend structure remains intact. JAP225 drops over 3% today and tests support zone at 38.2% retracement. Source: xStation5
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