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.
Japanese Finance Minister Katayama says volatility in crude is affecting FX, ready to take decisive action; will closely coordinate with the US and will act when necessary; standing by around the clock
US President Trump is unhappy with the Iranian proposal, according to a US official
Japanese Finance Minister Katayama says that the economy is recovering modestly with momentum for wage hikes continuing but caution is warranted for outlook
[MARKET UPDATE] Asia-Pac open mixed (ASX 200 -0.5%, Nikkei U/C, KOSPI +0.5%) while US equity futures hold at session highs; FX muted, USD/JPY slips below 159.35 ahead of the BoJ rate decision; WTI futures little moved
PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCK NEWS: Reliance Worldwide reaffirms FY26 outlook, Hitachi announces JPY 500bln share buyback, Nissan revises op. profit
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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.
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