Landslide victory in Japan results in good sentiment and weakening of JPY

Review: Japan: The opposition party LDP and Shinzo Abe won a landslide victory at the parliamentary elections in Japan. As a matter of fact, LDP and LDP’s supporting party (Komeito) gained a sufficient majority in the lower house to be able to overrule the upper house. Already on Thursday, the Bank of Japan (BoJ) will have its interest-rate meeting. Both we and practically all other analysts expect further easing measures. The reason is not least the dismal Tankan report issued on Friday. The

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Landslide victory in Japan results in good sentiment and weakening of JPY

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