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Japan FinMin Senior Official: Market moves reflecting ‘shock’ of coronavirus spread

Following the conciliatory comments from the Japanese PM Abe in the last hour, a senior official from the Japanese Finance Ministry (MOF) came out on the wires now, via Reuters, with the key headlines found below.

No comment on market movements.

Market moves reflecting ‘shock’ of coronavirus spread.

Not decided whether to hold MOF, Bank of Japan (BOJ), Financial Services Authority (FSA) meeting on Friday.

  • Japan PM Abe: Will take steps if needed to counter negative impact of coronavirus outbreak
  • USD/JPY: Slide continues as markets price in March Fed rate cut

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