Japan’s Suga: No need to reintroduce state of emergency despite rising coronavirus cases in Tokyo
|Japanese Chief Cabinet Secretary Yoshihide Suga denied re-introducing a state of emergency amid the rising number of new coronavirus cases in the capital.
Key quotes
“No need to reintroduce state of emergency, when asked about the rise in Tokyo coronavirus cases. “
“Rising number of young people with coronavirus but decreasing number of serious cases.”
On Thursday, Tokyo confirms 107 new infections, the most since Japan lifted the state of emergency on May 25. It is the first time the capital topped the 100 mark since May 2.
Meanwhile the Nikkei Asian Review reports at least 120 cases of COVID-19 found for the last 24 hours.
Market reaction
USD/JPY trades better bid just above 107.50, lacking a clear directional bias amid positive Asian equities, weaker US dollar and fresh weakness in S&P 500 futures.
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