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7 Jan 2021

Japan PM Suga: Decided on state of emergency to turn the tide around for coronavirus infection

The government decided on a state of emergency to turn the tide around for coronavirus infection, Japan’s Prime Minister (PM) Yoshihide Suga said while addressing a news conference after declaring a one-month state of emergency, starting January 8.

Additional comments

To offer a maximum of 1.8 mln yen a month compensation for restaurants, bars that comply with shorter hours.

Japan's jobless rate remains the lowest among major countries.

Will make it priority to protect jobs, help companies sustain the business.

Plan to revise law concerning coronavirus responses to make it possible to implement more. effective anti-prevention measures.

Will take every measure to support medical system, including use of military if needed.

Unavoidable for the state of emergency to hurt the economy.

Hope to protect jobs, businesses with stimulus package already rolled out.

Determination to host Olympics unchanged.

In order to host the Olympics, taking firm measures now against coronavirus is essential.

Jan 7, 2021

United Kingdom Markit Construction PMI came in at 54.6 below forecasts (55) in December

United Kingdom Markit Construction PMI came in at 54.6 below forecasts (55) in December
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Jan 7, 2021

EUR/USD accelerates losses below the 1.2300 mark

The single currency is under pressure and forces EUR/USD to recede below the 1.2300 mark in the second half of the week. EUR/USD looks weak on USD-rec
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