News list for "Political uncertainty"
Christopher Wong, foreign exchange strategist at OCBC in Singapore, said the election of Takayama as prime minister was expected after the Restoration Council agreed to form a coalition government. This should reassure markets and the yen due to the fiscal soundness demonstrated by the LDP-Restoration party alliance. The impact of this event on the dollar/yen may not be similar to what happened after the LDP election, as a coalition government will make Takayama's previous pro-stimulus stance ma...
The resignation of Shigeru Ishiba has triggered political uncertainty in Japan, and the battle for the leadership of the Liberal Democratic Party is about to begin. Political uncertainty has exacerbated market concerns about Japan's fiscal discipline and the trend of the yen and Japanese bonds. Click to view...
Japan's ruling coalition lost more than half its seats in the upper house and the yen rose as much as 0.7 per cent against the dollar, but then fell back. Nikkei futures were little changed and the cash market was closed for the holiday. Shigeru Ishiba, Japan's prime minister, will now try to govern with some support from the opposition. "Uncertainty is usually good for the yen, at least initially," said Rodrigo Catril, currency strategist at National Australia Bank. "Overall, the election resul...
The Federal Reserve has hinted that it will only cut interest rates once this year, but economic data has fanned the flames for the expectation of two rate cuts! Political uncertainty has triggered three kills in European stocks and bonds, and Feitian Moutai has cut prices off a cliff... What stimulus markets have you missed this week?
Increasing political uncertainty in Europe affects the European and American currency pairs, and the European and American tests a key retracement? The United States and Japan show a bullish trend and may return to this range... > >
