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Japanese Finance Minister: Algorithmic trading is one of the many factors that lead to big dump in the market, not a single cause.
PANews August 8th news, according to Kin10, Japanese Finance Minister Toshimitsu Suzuki said that he is closely following the fluctuation of the stock market, but at present, it is not in the stage of taking practical action. He pointed out that algorithmic trading is one of the many factors leading to big dump in the market, not a single reason. The stock market is influenced by factors such as economic situation, forex, corporate activities, and others. Toshimitsu Suzuki did not comment on the remarks of the Deputy Governor of the Central Bank of Japan, Mr. Uchida, and emphasized that the specific details of the monetary policy are determined by the Central Bank of Japan.