Japan mulls extension to the coronavirus state of emergency
|The Japanese government is considering an extension to the coronavirus pandemic-induced state of emergency into eleven prefectures, the country’s media agencies reported, citing unnamed sources.
This comes despite Japan having recorded daily COVID-19 cases below 3,000 for the first time this year.
Tokyo reported 618 new infections on Monday, the lowest daily figure since over two weeks into a coronavirus state of emergency.
Market reaction
USD/JPY trades listless around 103.70, divided risk-aversion and recent US dollar’s strength.
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