Japan’s Nishimura: No need to declare a state of emergency now
|Following the meeting with the government's expert panel on the coronavirus pandemic earlier today, Japanese Economy Minister Yasutoshi Nishimura announced that there is no need to declare a state of emergency now.
This comes as markets were speculating a lockdown in the capital, Tokyo, where 66 new cases have been reported on Wednesday, with the total count standing at 587.
USD/JPY flattish around 107.50
Torn between broad US dollar rebound and heavy losses in the S&P 500 futures, USD/JPY trades modestly flat around 107.50 so far this Wednesday. Traders await the critical US jobs and ISM Manufacturing PMI data for fresh direction on the prices.
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