Japan manufacturers’ mood turns positive as economy recovers – Reuters Tankan

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Japan manufacturers’ mood turns positive as economy recovers – Reuters Tankan

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    “Business sentiment at big Japanese manufacturers turned positive for the first time this year and service-sector morale hit a five-month high, providing more evidence of an economy on the mend after a COVID-led recession,” per the monthly results of the Reuters Tankan survey.

    The data fails to inspire USD/JPY bears as the Yen pair remains sidelined around 138.50, waiting for Tokyo open.

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