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According to a report by the Cabinet Office, Japan’s consumer confidence index fell to 41.3 in July 2016, compared to 41.8 in June 2016.
According to a report provided by Markit Economics, Japan’s manufacturing PMI (purchasing managers’ index) came in at 49.3 in July 2016, compared to 48.1 in June.
DNB Markets reduced its 12-month target prices for many crude oil tanker companies. It dropped its target price for Frontline (FRO) to $9.56 from $13.15.