Japanese Finance Minister Katayama says that the economy is recovering modestly with momentum for wage hikes continuing but caution is warranted for outlook

Japanese Finance Minister Katayama's comments signal a cautiously optimistic view on the economic recovery, highlighting that while wage growth momentum is promising, it’s prudent to approach the outlook with caution. This could inform market sentiment, particularly in relation to JPY and Japanese equities, as traders weigh the implications for monetary policy in the context of ongoing recovery discussions.