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21 Jun 2023

Japan’s PM Kishida: To mobilize all policy steps to ensure wage growth

Japanese Prime Minister Fumio Kishida is sounding upbeat on the nation’s economic outlook, in his speech on Wednesday.

Key quotes

We can't miss chance to increase wages.

To mobilize all policy steps to ensure wage growth.

Positive moves are appearing in Japan's economy.

Will create new investment package for areas including semiconductors and energy.

Aiming for a V-shaped recovery in inbound tourists by 2025.

Jun 21, 2023

IFO: German recession will be sharper than expected

While presenting its economic projections on Wednesday, Germany’s influential IFO Institute warned that the German recession will be sharper than expe
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Jun 21, 2023

EUR/USD should continue to feel at ease in the area around 1.09 – Commerzbank

This week's attention will focus on the appearance of Fed Chair Jerome Powell in front of the House of Representatives (today) and the Senate (tomorro
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