Japan seen extending COVID-19 state of emergency this week – NHK

Dhwani Mehta FXStreet

The Japanese government is expected to hold a meeting of its experts this week to announce an extension to the coronavirus induced state of emergency for Tokyo and other prefectures, public broadcaster NHK said on Monday.

The government may also consider lifting the state of emergency in some less-populated areas such as Tochigi Prefecture, which has seen a decline in cases, the local media outlet reported.

Update: Japan’ Sankei newspaper recently reported that the government is set to extend the virus emergencies to March 7. The decision on the extension will be taken Tuesday.

Meanwhile, Japanese Finance Minister Taro Aso and US Treasury Secretary Janet Yellen are scheduled to hold phone talks for the first time later on Monday, Kyodo news agency reported.

USD/JPY Price Analysis: Sidelined near 104.70, technical bias remains bullish

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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