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A No-deal Brexit Could Put a Damper on Christmas

05 July 2019 Maria Gregoriou

British retailers are panicking about how a no-deal Brexit on October 31 could damage the busiest shopping season of the year. They are worried about where to stock the extra items needed for Christmas, import delays and tariffs.

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Market focus

  • Swiss government slashes 2019 growth forecast to 0.8% vs. 1.2% previous
  • Japan finance minister Aso: No currency provision included in US-Japan trade deal
  • China's home price growth at weakest in nearly a year - NBS
  • RBA Meeting's Minutes: RBA board would consider further policy easing if needed to support growth, inflation targets

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