Japanese Chief Secretary and front-runner for the country’s leadership race Yoshihide Suga is on the wires now, via Reuters, making some comments on the economic recovery and coronavirus situation.
“Will expand coronavirus testing capacity.”
“Will aim to make sure everyone receives coronavirus vaccines.”
“Protecting jobs, continuing business are our utmost priority amid the severe economic situation.”
“Want to protect people's lives from coronavirus while expanding the economy.”
“Will support tourism through the go-to campaign while maintaining coronavirus prevention measures.”
“Want to thoroughly tackle reform to lower cellphone fees.”
“Abenomics will continue, to pursue further reform.”
“Will strengthen reforms carried out until now, including tourism expansion, promotion of agricultural exports.”
“Security environment around japan is increasingly tough.”
“Will build stable ties with neighboring countries including China.”
“Will pursue a constructive debate on constitutional reform.”
“Want to establish an agency in charge of digitalization.”
“Want to lay a groundwork to support working women.”
USD/JPY is unfazed by the above remarks, as it keeps its range play intact around 106.30, modestly flat 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.