Tag: BoJ policy
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CNBC Daily Open: Pole positions and policy pivots
Overview: A Weekend of Shifts Across Markets and Politcs The weekend left global investors on edge as political and economic pivots dominated the horizon. In Tokyo, Sanae Takaichi surged to pole position in Japan’s political Grand Prix, poised to become the country’s first female prime minister and a rallying point for the ruling Liberal Democratic…
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LDP Leadership Result Sparks ‘Takaichi Trade’ Rebound: Yen to Weaken, Stocks Rally
Overview: A Turn in Japan’s Political Landscape and Market Sentiment Japan’s political scene shifted decisively as Sanae Takaichi, a former economy and security minister, won the ruling Liberal Democratic Party (LDP) leadership race. The result has traders, investors, and economists revisiting their baseline assumptions about policy direction and the way financial markets respond to a…