South Korea's central bank on Thursday left its policy interest rate unchanged as expected, to assess the effect of recent raises and as the outlook for economic growth grew more uncertain while inflation stayed high.*
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Spot gold edged lower in thin trade on Friday, ahead of a key U.S. employment report that is expected to show improvement in the labour market and boost optimism on prospects for the world's largest economy.
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South Korean annual producer price inflation held steady in June after easing for two consecutive months although it remained relatively high, data showed on Friday, a week before the central bank's monthly policy meeting.
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The euro clung to overnight gains early in Asia on Wednesday amid hopes the Greek parliament will agree to an austerity package of tax hikes and spending cuts in order to secure emergency loans from international lenders.
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The euro clung to most of the gains made late last week, underpinned by hopes for some progress on Greece's debt crisis, but the common currency remained vulnerable to any turn of events as European officials meet to hammer out a deal.
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Market volatility and uncertainty in the euro zone are limiting the options for the Swiss National Bank (SNB), which held rates at the historic low of 0.25 percent Thursday, Chairman Philipp Hildebrand told CNBC.
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The European Central Bank has kept interest rates on hold at 1.25 percent, and the markets are now waiting for the signal that it will continue with its monetary policy normalization in July, if president Jean-Claude Trichet says that the bank will remain "strongly vigilant" on inflation.
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