Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Japan goes to the polls over the weekend, and the LDP is expected to have a big victory,...

  • Friday, December 14, 2012, 2:51 PM ET
    Japan goes to the polls over the weekend, and the LDP is expected to have a big victory, ushering in Shinzo Abe as PM. Abe has been clear about the need for the BOJ to target a higher inflation rate. Stocks and the yen have responded - the Nikkei rising 12% in a month, and the yen nearing its YTD low vs. the dollar. Stay nimble. If the LDP wins by a smallish margin, Sunday night could be a tough one for trend-followers.
Track new comments on this story

This news story has 1 comment:

  • or not
    14 Dec 2012, 05:03 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)