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Germany's Habeck: Uncertainty over Russian gas deliveries clouding outlook

The uncertainty over the continuation of Russian gas deliveries is clouding the economic outlook considerably heading into the second half of the year," German Economy Minister Robert Habeck said on Thursday, as reported by Reuters.

"The German economy had a strong first half of the year despite the Ukraine war," Habeck added.

Market reaction

These comments don't seem to be having a significant impact on risk sentiment. As of writing, Germany's DAX 30 Index was down 0.3% on a daily basis. Meanwhile, EUR/USD continues to trade in negative territory near 1.0030.

USD/SGD to head towards the 1.43-1.45 area by year-end – Commerzbank

The Monetary Authority of Singapore (MAS) added fuel to the volatility with another surprising aggressive policy tightening. USD/SGD fell sharply post
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US Dollar Index remains firm and prints new YTD peaks

The greenback, in terms of the US Dollar Index (DXY), leaves behind two consecutive daily drops and advances to new cycle tops past 108.60 on Thursday
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