Reuters: US Dollar Report: Japan PM Abe: Watching market closely, won't comment on moves

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Japan PM Abe: Watching market closely, won't comment on moves Jun 3rd 2013, 03:54 YOKOHAMA, June 3 | Sun Jun 2, 2013 11:54pm EDT YOKOHAMA, June 3 (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday he is closely watching market movements but refrained from commenting on them. Abe, speaking to reporters after the Tokyo International Conference on African Development(TICAD) held in the city of Yokohama, said he expected the financial markets to calm down gradually as the Bank of Japan is communicating with the markets. The benchmark Nikkei share average tumbled to a nearly six-week low on Monday as sharp declines in U.S. stocks dampened already fragile sentiment in Japanese equities that have now fallen 15.5 percent from a 5-1/2 year peak hit last month.

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