News Snapshot:
CANBERA (dpa-AFX) - The Australian and NZ dollars climbed against their major counterparts in the Asian session on Monday, while the yen dropped as an easing of some of virus restrictions in key Chinese cities and receding expectations for aggressive rate hikes by the Federal Reserve later this year underpinned risk sentiment. Beijing and Shanghai relaxed Covid restrictions over the weekend amid a drop in infections. Beijing announced a partial reopening of some libraries, museums and gyms and resumed most of public transport in the main business area and ended work-from-home rules in some districts. Shanghai, which was under a...
