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PM To Extend Tokyo State Of Emergency As COVID-19 Cases Continue To Rise

JAPAN

Gearoid Ready at Bloomberg tweets the latest COVID-19 figures from the Japanese capital, Tokyo: "Tokyo coronavirus case count for today is 4,377. Previous two Tuesdays: 2,612, 3,907. Serious cases +8 to 276

Newly reported deaths: 8. Cases last week were likely impacted by three-day weekend"

  • The continued rise in cases is set to prompt an extension of the full state of emergency measures in place in Tokyo. These were due to expire on 31 August, but now are set to last until 12 September at the earliest. The full state of emergency measures will also be extended to the prefectures of Ibaraki, Tochigi, Gunma, Shizuoka, Kyoto, Hyogo and Fukuoka according to Reuters, and will end up applying to 60% of the Japanese population.
  • PM Yoshihide Suga set to hold a televised presser at 2100JST (0800ET, 1300BST) to announce the extension.
  • The surge in cases comes as Suga's approval ratings sink to all-time lows, with just over a month left until the governing Liberal Democratic Party decides on its candidate to run for PM in the autumn general election.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskBank of Japan (BOJ) Market NewsPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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