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In August, confidence at Japanese manufacturers tacked on to its highest value in nearly a decade led by producers of industrial materials, as a Reuters survey informed, in a further indication of broadening economic revival.
The Reuters' monthly survey, tracking the BOJ’s closely watched quarterly tankan – discovered that the service-sector mood went down, while still staying at a relatively high level, thus underscoring the overall firmness in domestic demand that underpinned robust expansion in the second quarter.
Business sentiment was about to plunge moderately over the next three months, showing a potential pullback from the 4% annualized surge in the April-June quarter powered by private consumption as well as capital expenditure.
In August, the sentiment index for manufacturers rallied just one point to 27 in the survey of 548 large- as well as mid-sized companies. The poll was conducted during the period of August 1-16. Up to 265 companies were responded.
In September, American industrial output rallied for a fourth month in a row, backed by profits in mining and manufacturing output, although momentum speeded down steeply in the third quarter…
British employees are facing their basic wages leap at the fastest tempo for almost a decade over the summer months, thus underpinning the Bank of England's opinion that a long period of weak pay hikes is coming to its end…
There’s a 50% probability of surviving as major players in the automotive industry for German car makers unless they have their businesses reformed to meet new rules and adapt supply chains…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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