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Japan MoF: The need to closely monitor markets and may need to consider holding MoF, FSA, BoJ meeting

Japan senior Ministry of Finance official said that the need to closely monitor markets and may need to consider holding MoF, FSA, BoJ meeting.

Key notes

 

  • Senior financial officials from G7 nations confirmed close cooperation in meeting on Thursday.
  • No one in financial markets has been able to fully digest coronavirus impact amid uncertainties.
  • Market movements may be reflecting hope for more action by financial authorities.
  • US stock fall may be due to disappointment over trump's economic and fiscal policies.

More to come...

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