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ECB’s Lane: August flash inflation data welcome but 'we need to see that continue'

Reuters publishes excerpts of an interview of European Central Bank (ECB) Chief Economist Phillip Lane, with Irish Business Publication, The Currency, on August 31.

Key quotes

August flash inflation data welcome but 'we need to see that continue'.

Easing in services inflation helps limit narrative that tourism to keep services inflation high.

We do expect bumpiness in easing of energy, food inflation.

Singapore Retail Sales (MoM) increased to 0.6% in July from previous -0.8%

Singapore Retail Sales (MoM) increased to 0.6% in July from previous -0.8%
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USD/JPY extends its upside above the 146.70 mark, eyes on US Factory Orders

The USD/JPY pair extends its upside above the mid-146.00s during the early European session on Tuesday. The major pair currently trades near 146.72, g
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