Japanese new Economy Minister Nishimura was on the wires last hour, via Reuters, noting that his government will do utmost to support economy eyeing next month's scheduled sales tax hike.
Global economy moves at high speed, want to support measures to promote the fourth industrial revolution in Japan.
Will consider policy support for domestic economy depending on the outcome of US-Japan trade negotiations.
Economy is no longer in deflation, want to make sure that's not turned back.
Have to be vigilant regarding weakness in external conditions and exports.
US-Japan trade deal should be wrapped up this month.
The comments have a negligible impact on the Yen, with USD/JPY sticking to range near 108 handle, having retreated from six-week highs reached at 108.17 on trade optimism.
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.