Japanese election – PM Kishida returned to power

The latest projections from Japan are that the ruling party LDP will govern once again (in coalition with Komeito party)

NHK projects the LDP will retain its majority, but has lost some seats.

Further economic stimulus spending is expected to be rolled out by the returned government. 

USD/JPY is circa 114.09 in early trade, up a few tics from its late Friday level.

The latest projections from Japan are that the ruling party LDP will govern once again (in coalition with Komeito party)

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