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The Bank of Japan kept its ultra-loose monetary policy stance unchanged and raised its inflation outlook on Thursday.

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A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. tumbled by much more than expected in the month of June. NAR said existing home sales plunged by 5.4 percent to an annual rate of 5.12 million in June after slumping by 3.4 percent to an annual rate of 5.41 million in May.

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South Africa's consumer price inflation accelerated more-than-expected in June to reach its strongest level in just over thirteen years, figures from Statistics South Africa showed on Wednesday.

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With high inflation and increased interest rates stalling the housing market, the National Association of Home Builders released a report on Monday showing a substantial deterioration in U.S homebuilder confidence in the month of July.

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The UK unemployment rate remained unchanged in three months to May, data from the Office for National Statistics showed Tuesday.

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