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UK business confidence jumps to 18-month high – Lloyds Survey

Business confidence in the UK jumped to an 18-month high of 24%, reports Lloyds Bank. The reading is double of what was seen immediately following the last year’s EU referendum.

The survey also says that the number of companies struggling to find skilled workers in the past six months rose to a 10-year high of 52%.

 

Japanese Yen futures: OI and Volumes drop as Yen struggles to break higher

The demand for the Japanese Yen last week wasn’t strong enough to push the USD/JPY pair below 111.00 levels even though the treasury yield curve flatt
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USD/JPY better bid in positive Tokyo open

The Nikkei 225 opened flat and headed -0.1% lower in the initial trade before reversing and making fresh high at 20198.50, lifting USD/JPY to 111.35 t
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