Japanese election result will bolster policy implementation say Fitch

US ratings agency out with a note 24 Oct

  • election has bolstered standing of PM Abe
  • should strengthen Abe’s hand in implementing economic and political agenda
  • twice-delayed sales tax now more likely in Oct 2019

I’ll put a note in my diary.
Meanwhile USDJPY  113.38 on the retreat from yesterday’s post-election knee-jerk highs but off session lows. Expect offers between 113.50-60

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