Japan chief cabinet secretary Hayashi says no comment on daily stock marekt moves

August 7, 2024
-FCHFX

August 07, 2024 at 03:15AM
Japan chief cabinet secretary Hayashi is probably eyeing the impact of Uchida’s loose lips:

Didn’t take much for yen to collapse: BOJ official says won’t raise rates if mkt unstable

BOJ deputy governor Uchida says the Bank’s interest rate can change if needed

USD/JPY surging on Ushida speech

More from BOJ dep Gov Uchida: Appropriate to adjust degree of monetary easing

Hayashi:

no comment on daily stock market moves

will do utmost in managing economic, fiscal policy while working with Bank of Japan

No change in government policy to promote shift to investment to savings

Nikkei update, doing better than the yen:

The Nikkei surged while the yen was weakening. Its collapsed as the yen gained and is bouncing back a little further today.

This article was written by Eamonn Sheridan at www.forexlive.com.

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