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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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