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US: NY Empire State Manufacturing Index Improves to 43 in July

The Index of the NY Fed’s Empire State Manufacturing Survey improved sharply to 43 from 17.4 in June. This reading fell short of the market expectation of 18 by a wide margin.

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Pound Holds Steady Above 1.32 as Markets Weigh BoE Inflation Warnings and Softer Dollar Momentum

The British Pound held its ground on Thursday, trading narrowly higher at 1.32404 against the …