Japan PM Abe: Concerned by risk posed by foreign economic downside

Dhwani Mehta FXStreet

Japanese PM Abe is on the wires now, via Reuters, expressing his concerns on the recent global economic slowdown.

Key Comments:

Concerned by the risk posed by foreign economic downside.

The government will implement the macroeconomic policy quickly if its needed.

The safe-haven Yen continues to benefit from the risk-aversion, triggered by global growth concerns amid escalating US-China trade war. USD/JPY meanders near seven-month lows of 105.80, down -0.66% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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