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Market Focus

Japan’s Politics Jolt Local Markets

by Artem Sakhbiev, FX Strategist  

Japanese markets reacted sharply to Sanae Takaichi’s election as the leader of the ruling Liberal Democratic Party and the frontrunner to become Japan’s next Prime Minister. The Nikkei surged 4.8% and the yen plunged nearly 2% across major pairs. Seen as a…

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