Deutsche Post Positive on Outlook

DHL owner Deutsche Post posted lower quarterly earnings as its key business-to-business market failed to improve, but it said conditions should improve in the second half of the year and backed full-year guidance.

RBA Raises Near-Term Inflation Forecasts

The Reserve Bank of Australia sharply raised its near-term forecasts for inflation, but remains confident that both headline and core measures of inflation will return to target by late 2025.
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