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BoJ Official: Western Japan firms see limited impact from trade friction

Yasuhiro Yamada, the Bank of Japan (BoJ)’s branch manager in Osaka, Western Japan, told a news conference on Thursday, most of the firms in the Western region see only a limited impact from the US-China trade dispute.

Yamada noted: “Domestic and overseas stock markets have been somewhat volatile. But corporate profits, which are the basis of stock price moves, are firm in Japan, the United States and Europe.”

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Karen Jones, analyst at Commerzbank, suggests that the GBP/USD pair is well placed to challenge the 9 month downtrend at 1.2805 after the market last
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EM risk has dialled down with rising risks in US - AmpGFX

Greg Gibbs, analyst at Amplifying Global FX Capital, points out that investors had been forced out of long EM positions through the year to October.
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