Sunday, December 16, 2012

Japan: LDP + New Komieto reach 2/3 majority – Yen set to weaken

Real results from Japan’s elections show the following picture: LDP and New Komeito have over 320 seats needed for a two thirds majority in the lower house of parliament, which consists of 480 seats. This means it will be easier for them to purse new fiscal and monetary stimulus, which is set to weaken the
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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