WikiBit 2026-04-07 09:13Japan’s Finance Minister Satsuki Katayama said on Tuesday that G7 finance ministers and central bankers agreed that fluctuating oil prices cause high
Finance
Fluctuating oil prices cause high volatility in financial and FX markets
Japans Finance Minister Satsuki Katayama said on Tuesday that G7 finance ministers and central bankers agreed that fluctuating oil prices cause high volatility in financial and foreign exchange markets.
Key quotes
Will not comment on Japanese Government Bond yield levels.
G7 finance ministers and central bankers agreed that fluctuating oil prices cause high volatility in financial and foreign exchange markets.
Have been in close contact with G7 counterparts.
Will keep delivering messages.
Have not estimated how much it would cost to continue subsidies to keep gasoline prices in check.
No issues regarding amount of oil stock; question is whether we could support Southeast Asia partners.
Policymakers are checking all scenarios including optimistic and pessimistic ones in terms of oil stockpile.
Market reaction
At the time of writing, the USD/JPY pair is up 0.03% on the day at 159.70.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00