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In economic news, Japan’s producer prices grew 0.2% on month in May, following the prior-month’s downwardly-revised 0.4% contraction and exceeding estimates of a flat reading. Elsewhere, China’s consumer prices grew 2.0% year-over-year in May, below both economists’ expectations and April’s 2.3% gain. Finally, New Zealand’s manufacturing activity decreased a seasonally adjusted 2.6% on quarter in Q1, following the prior quarter’s 1.9% drop.
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