Japan’s Nishimura: Want to keep a close watch on impact of weakness in overseas economies
|More comments are crossing the wires from the Japanese Economy Minister Nishimura, as he speaks on Friday at a news conference.
Japan’s exports and production were showing prolonged weakness because of a slowdown in overseas economies.
Want to keep a close watch on the impact of weakness in overseas economies on the employment, income and investment situation.
Last hour, he said that the global growth as a whole remained in a gradual recovery when asked about a lower growth forecast for 2020 released by the Organization for Economic Co-Operation and Development on Thursday.
Meanwhile, the USD/JPY pair trades flatlined around 108.70 region, as the anti-risk Yen stands resilient to a risk-friendly market environment. S&P 500 futures are up 0.17% while Treasury yields and Asian equities eke out moderate gains.
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.