Fonterra cuts forecast milk price to NZ$4.50/kg

FXStreet (Bali) - Fonterra has cut its forecast milk price to NZ$4.50/kg, with its dividend kept in range at 20 to 30 NZ cents per share, also noting that they sees oversupply in the market.

September a more likely time for the first rate hike by the Fed - Barclays

According to Barclays, cited via eFXNews, September is a more likely time for the first rate hike by the Fed.
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