Japan’s Suzuki: Expect economy to pick up in Oct-Dec quarter
|Japan Finance Minister Shunichi Suzuki said on Tuesday, he expects the economy to pick up in the October-December quarter.
He said that they need to keep eye on downside risks to the economic outlook.
Market reaction
USD/JPY is trading close to two-week highs of 114.32, benefiting from the recent strength in the US dollar and the Treasury yields. The spot is up 0.12% on the day.
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.