Yen gains after finance minister urges pension funds to invest more at home
AI Summary
Japan's yen strengthened following Finance Minister Satsuki Katayama’s call for pension funds to increase domestic investments. This sentiment boosted the currency, while bonds rally and equities extended gains in the market.
Finance Minister Satsuki Katayama's remarks sent Japan's currency to a fresh high for the day, while bonds rallied and equities extended their gains.