Home Japan PM Abe: Concerned by risk posed by foreign economic downside

Japan PM Abe: Concerned by risk posed by foreign economic downside

Updated: 5 Aug. 2019 | 05:37

Japanese PM Abe is on the wires now, via Reuters, expressing his concerns on the recent global economic slowdown.

Key Comments:

Concerned by the risk posed by foreign economic downside.

The government will implement the macroeconomic policy quickly if its needed.

The safe-haven Yen continues to benefit from the risk-aversion, triggered by global growth concerns amid escalating US-China trade war. USD/JPY meanders near seven-month lows of 105.80, down -0.66% on the day.

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