Political Turmoil in Japan and France Drives Market Reactions

Reported 3 days ago

The recent political upheavals in Japan and France have significantly impacted global markets, with Japan's ruling party electing Sanae Takaichi as the first female Prime Minister, leading to a surge in the dollar and Japanese equities while pushing bond yields to record highs. Concurrently, the resignation of French Prime Minister Sebastien Lecornu after a brief tenure has caused stock markets and the euro to decline. Amid these developments, U.S. markets are reacting with rising futures and treasury rates as they navigate a looming government shutdown and earnings season.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis