Japanese Finance Minister Katayama says had meeting with US Treasury Secretary Bessent and discussed financial market situation, including forex, while she reaffirmed close cooperation based on joint statement last year

• Reaffirmed strongly to continue to coordinate strongly.

The comments from Japan's Finance Minister indicate a strong commitment to cooperation with the U.S. on financial markets and forex issues, which could ease concerns over bilateral tensions. This reinforcement of collaboration may stabilize market perceptions and create a more favorable environment for risk assets, while also potentially curbing volatility in the yen and related currency pairs.