Japan to end state of emergency in several prefectures – Kyodo News

Eren Sengezer FXStreet

The Japanese government will end the state of emergency in Osaka, Kyoto, Hyogo, Aichi and Gifu prefectures at the end of the month, Reuters reported on Thursday, citing Kyodo News.

Market reaction

This headline doesn't seem to be having a significant impact on the JPY's performance against its rivals. As of writing, the USD/JPY pair was up 0.18% on the day at 106.05. Meanwhile, risk flows provided a boost to the Nikkei 225 Index, which gained 1.67% and closed at 30,168 on Thursday.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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