- Prime Minister Shinzo Abe's Liberal Democratic Party and its Komeito allies won a stronger majority in Japan's Upper House election on Sunday, in a development that will make it far easier to push through his economic agenda.
- "It is likely that a large-scale economic stimulus program, in the magnitude of at least ¥10T (2% of GDP), will be implemented in order to restart Abenomics," Societe Generale said in a research note.
- Nikkei +4.7% to 15,817.
- Update: Abe has confirmed a new round of fiscal stimulus.
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