Japan Economy Minister Yasutoshi Nishimura warned today that “untraceable” coronavirus cases among older people are “gradually rising”. He emphasized it’s “necessary to respond with a sense of crisis.” Yet, he reiterated that there is no need to declare a new state of emergency as the serious cases remained low, without strain on the medical system.

Released from Japan, banking lending rose 6.2% yoy in June, below expectation of 7.2% yoy. Current account surplus widened to JPY 0.82T in May, larger than expectation of JPY 0.71T.

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