Japan's Kishida: Will work hard to realise continued wage hikes
|Japanese Prime Minister Fumio Kishida said on Tuesday that they will extend an additional $100 million in humanitarian aid to Ukraine, as reported by Reuters.
Additional takeaways
"G7 agreed Russia is to blame for global price increases."
"Japan will extend support to expand Ukraine's grain storage capacity as harvest season nears."
"Will do utmost to secure enough power supply in Japan."
"Will work hard to realise continued wage hikes."
"G7 agreed that unilateral attempt to change status quo by force is unacceptable."
Market reaction
USD/JPY preserves its bullish momentum after these comments and was last seen rising 0.57% on a daily basis at 136.20.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.