Japan’s PM Kishida: Aiming to narrow wage gaps between Japan and overseas

Market news

29 March 2023

Japan’s PM Kishida: Aiming to narrow wage gaps between Japan and overseas

Japanese Prime Minister Fumio Kishida is making some comments on the country’s wage outlook this Wednesday.

Key quotes

“Aiming to narrow wage gaps between Japan and overseas.”

“Wage hikes will be one of the three pillars of new capitalism.“

“Aiming to draw up guidelines for steps including wage hikes, reskilling workers by June.”

Market reaction

USD/JPY is a little impressed by the above comments, keeping its range at around 132.00, up 0.84% on the day.

Currencies. Daily history for Wednesday, March 29, 2023

Commodities. Daily history for Tuesday, March 28, 2023

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.