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Japan PM Abe: Will prepare legislation to minimize economic impact from coronavirus

Speaking at a meeting of the government's task force to contain the spread of the new coronavirus, Japanese PM Shinzo Abe said that his government will prepare a legislation to minimize economic impact from the coronavirus outbreak.

He added that the government would ask all elementary, junior high and high schools to close from March 2 until spring break, typically around the end of March.

  • USD/JPY hits fresh weekly lows, slides further below 110.00 mark
  • UK reports 15 coronavirus cases, risk-off at full steam amid growing pandemic fears

WTI consolidates near 13-month low amid coronavirus-led demand concerns

Bears take a breather, allowing a phase of consolidation in WTI (oil futures on NYMEX) over the last hours, as they keep an eye on fresh coronavirus-r
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European Monetary Union Consumer Confidence meets forecasts (-6.6) in February

European Monetary Union Consumer Confidence meets forecasts (-6.6) in February
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