The LDP’s landslide victory in Japan is positive for risk assets | Metals Mine

  • The LDP’s landslide victory in Japan is positive for risk assets

    From think.ing.com

    According to NHK reports, the Liberal Democratic Party (LDP) is predicted to take 273 seats and the LDP’s partner, Ishin, to take 24 seats in the Lower House, as of 23:30 pm local time. The exit polls suggested that the LDP is highly likely to obtain a majority on its own, and together with its coalition, it is likely to secure a two-thirds majority – enough to override Upper House vetoes. The coalition's win will give Takaichi more freedom in policy decisions and strengthen her ability to pursue economic and foreign policy goals. While awaiting the results, Takaichi spoke on television, emphasising the ... (full story)

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