EUR/JPY ends above 140.00, far from lows

After starting the week plummeting to 139.15 the EUR/JPY managed to recover and finished the day with moderate gains around 140.30, amid a weak Yen across the board. The Japanese currency was among the worst performers on Monday.
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Flash: China's troubled trust product will pay principal - Nomura

A Chinese trust product - marketed by ICBC - will avoid full default, after a compromise was reached to pay back the principal to investors. Zhiwei Zhang, Economist at Nomura, offers further insights on the deal agreed.
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