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Japan manufacturers' mood worsens as yen rises - Reuters Tankan


Japan manufacturers' mood worsens as yen rises - Reuters TankanConfidence among Japanese manufacturers worsened significantly in February from January's strong reading, the Reuters Tankan poll showed on Monday, suggesting the yen's strength and global stock market turmoil have undermined business sentiment. The monthly poll, which tracks the Bank of Japan's closely watched tankan quarterly survey, found the mood among manufacturers was expected to brighten over the coming three months but service-sector morale was seen deteriorating, a worrying signal for the domestic demand-led recovery.





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