Japanese Trade Minister: Want to provide support for next-gen chips as needed

Market news

25 April 2023

Japanese Trade Minister: Want to provide support for next-gen chips as needed

The Japanese trade minister has crossed the wires and said they want to provide support for next-gen chips as needed.

Key comments

Decided on 260b yen additional subsidy for Rapidus.
Have not heard ukraine has asked to join CPTPP trade pact.
If Ukraine joined EU, it, as a EU member, would not be able to join CPTPP.

Meanwhile, the Bank of Japan´s governor Ueda is scheduled to appear in parliament currently.

As for the Yen, USD/JPY is heading a touch higher, with eyes on 134.50 and 134.70, currently at 134.30 and bid on the front side of the bullish daily trendline.

Commodities. Daily history for Monday, April 24, 2023

Stocks. Daily history for Monday, April 24, 2023

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