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Pictet WM: Economic data indicates solid momentum in the Japanese economy

Pictet Wealth Management believes the recently released economic data on Japan indicates solid economic momentum in the country, although concerns around trade tensions remain. Japan’s services PMI surged by 2.2 points to 52.4 in October after a considerable drop in September, while its manufacturing PMI rose modestly to 52.9 in October from 52.4 in September. “The strength in services PMI…

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