Japanese Prime Minister Shinzo Abe: recent fluctuations in the yen are “undesirable”

Market news

6 May 2016

Japanese Prime Minister Shinzo Abe: recent fluctuations in the yen are “undesirable”

Japanese Prime Minister Shinzo Abe said on Thursday that recent fluctuations in the yen were "undesirable". He noted that the government was ready to act to prevent a speculative rise in the yen.

"We will watch currency moves carefully and take action as needed," Abe said.

St. Louis Fed President James Bullard: global headwinds seem to dissipate in the first half of the year

Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy decline to 42.0 in in the week ended May 01

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