Reported about 17 hours ago
Japan's recent upper house elections resulted in a significant loss for the ruling Liberal Democratic Party, potentially leading to policy paralysis and a wider fiscal deficit. Analysts indicate much of this impact is already reflected in market prices, with the yen showing signs of distress. The changes prompt questions about the future stability of the ruling coalition and how it will navigate trade negotiations with the U.S. amid growing calls for tax cuts from opposition parties. The political uncertainty may influence investor confidence and bond yields in the coming months.
Source: YAHOO