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Trading news
7 Feb 2020
Japan’s Nishimura: Coronavirus outbreak starting to impact economy
Japanese Economy Minister Nishimura was out the wires in the last hour, via Reuters, noting that the China coronavirus outbreak is beginning to affect Japan's regional economies.
Key Quotes:
Watching for possible hit to consumption.
Got instruction from PM Abe to take necessary steps to mitigate the impact of the coronavirus with eye on possible tapping reserve funds.
Q4 2019 GDP growth could be lower than the previous quarter.