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OECD's composite leading indicators (CLI) for the month of April indicated that the deterioration caused by the economic downturn has slowed in many countries.
The UK's CLI rose by 0.7 points during the month, the report revealed, something that may be important for people involved in stock market investment in London.
Britain, France, Italy and Canada were cited as areas in which stronger indications have been seen that circumstances are reaching a trough.
"The signals remain tentative but they are present in the majority of the CLI component series for these countries," OECD stated.
Other positive news came from Lloyds TSB Corporate Markets this week, as the company's Business Barometer showed a rise in confidence among UK firms for May.
