In its quarterly review of regional economic conditions throughout the country, the Japanese government maintained its general economic evaluation, warning about the increase in downward risks due to US commercial policies. UU., According to the Xinhua news agency.
Additional conclusions
- Private consumption is gradually recovering,
- Production activity remains on a recovery path, although at a slower pace.
- Employment conditions are slowly improving, but companies continue to face acute scarce labor.
- A moderate recovery supported by the improvement in employment and income is expected.
Market reaction
At the time of writing, the USD/JPY is quoted just below the level of 140.00, lowering 0.63% in the day. The relentless sale of the US dollar and a resilient Japanese economy contribute to the last fall in the pair.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
