Japan PM Suga: Will aim to meet fiscal targets, raise minimum wage

Japanese Prime Minister Yoshihide Suga said on Wednesday, his government will aim to achieve fiscal targets including its goal to bring primary balance to surplus.

The government will also strive to raise the nationwide average minimum wage to JPY1,000 ($9) an hour soon, PM Suga added.

Market reaction

USD/JPY was last seen trading flat at 109.47, wavering within a 20-pips range amid a lack of fresh impetus. The US dollar remains broadly undermined amid a 1% drop in the Treasury yields.

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