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Japan s Industrial Production Rebounds on Resilient Recovery

(Bloomberg) Japan’s industrial production rebounded in June, capping a quarterly gain that suggests a modest recovery continued in the second quarter.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysArab States Sour on Israel in Blow to US Aim of Saudi Peace PactFactory output r

Used vehicle prices drop by a record for the month of June

Used auto prices are down for a third straight month, setting the expectation that June's consumer price index print will show further easing.

Russia to decrease daily forex sales in coming month

After a hiatus of several months, Russia resumed foreign currency interventions in January, selling yuan rather than what it terms "unfriendly" Western currencies, underscoring the growing importance of China's currency in Moscow's efforts to ensure economic stability amid Western sanctions. The finance ministry said its regular FX sales on the market would total 34.9 billion roubles over the coming month.

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