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French FinMin Le Maire: US rejects French request for Iran exemptions – Le Figaro

French Finance Minister Bruno Le Maire told Le Figaro in an interview published on Friday, the US rejected a French request for exemptions for the French companies operating in Iran.

Key Quotes via Reuters:

“We have just received Treasury Secretary Steve Mnuchin’s response: it’s negative.”

“Europe must provide itself with the tools it needs to defend itself against extra-territorial sanctions.” 

AUD/USD Technical Analysis: Breaks through a confluence support, back below 0.74 mark

   •  Overnight goodish rebound stalls at 50% Fibonacci retracement level of this week's downfall from the 0.7480-85 supply zone.     •  Upbeat Chine
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India: August rate hike likely on elevated core – Nomura

Analysts at Nomura note that India’s CPI inflation rose to 5% y-o-y in June from 4.9% in May, lower than expected (Consensus: 5.3%, Nomura: 5.2%). Ke
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