Japan's Nikkei and Yen Set to Lurch on Political Uncertainty

October 27, 2024, 11.58 PM
Source: ReutersEditor: Yudho Winarto

JAPAN - TOKYO. Japanese stocks and the yen are expected to fall while longer-dated domestic government bond yields are seen rising as exit polls suggest Prime Minister Shigeru Ishiba's coalition is set to lose its parliamentary majority in Sunday's election.

The long-ruling LDP and its junior coalition partner Komeito - or potentially even another grouping - could be forced into power-sharing agreements with other parties to form a government, the polls suggested.

Read Also: China's September Industrial Profits Post Steepest Fall of The Year

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Latest News