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Japan's bitter memories of its decades-long battle with deflation hang heavily over the central bank's deliberations to take its first modest step away from ultra-loose monetary policy, even as inflation and wages creep up.
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A look at the day ahead in European and global markets from Ankur Banerjee
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Asian shares slid on Thursday after a surprise interest rate hike by Bank of Canada brought back fears that U.S. rates could stay higher for longer and the Federal Reserve could remain hawkish when it meets next week.
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The South African rand was little changed in early trade on Thursday, holding onto gains made since the start of the week.
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India's currency in circulation dropped for a second consecutive week after the central bank withdrew the country's highest value currency note in May, advising people to deposit those with various banks and hoping to help lender deposits in the process.