Japan's Motegi wants to watch market moves closely

​​​​Japan's Economy Minister Toshimitsu Motegi pitching in to mitigate Yen gains, ahead of Tokyo market open, where the broad index is expected to get dragged down on continuing shakedown in global equities.

Key Motegi points:

• Wants to "closely watch" financial market moves and their impact on Japan's economy.
• Japanese economy is "doing well", labour market, wages improving; still not doing well enough for considering to raise rates implied.