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China's slowdown could be the 'one' this time, Chinese authorities stop reporting youth unemployment numbers. Eerily similar to when China underreported and stopped reporting COVID infections. Pointing to a severe recession for the Chinese economy. Australia will take a massive hit, all eyes on the AUD and Aust bonds.

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Australia's June CPI prints at 5.60% from 6.83%, but still shows Australian consumers are being taxed out by higher food/housing/rents. Recession on the horizon? RBA may increase rates at their next meeting, on higher energy prices.

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