[B]Market At A Glance
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[B]Asia - JPY/CNY[/B]
[B]-[/B] Japanese June Reuters Tankan manufacturing survey rose to +31, with the non-manufacturing advanced by less than expected 16.
- Market listens as Governor Fukui notes excessive risk taking positions could spark sharp unwinding in assets. Adds that he is closely monitoring market risk.
[B]Europe - EUR/GBP[/B]
- Eurozone June ZEW economic sentiment survey rises 19, less than expected. The drop widely attributed to lower expectations of growth as ECB continues to tightening monetary policy.
- German June ZEW survey rises 20.3, lower than the 29 consensus expectation. Current situation rises higher than expected, prints 88.7.
- Italian first quarter unemployment improves to 6.2 percent. Lower than the consensus estimate of 6.4 percent.