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

Noticias del mercado

25 abril 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.

Enfoque del mercado
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