Japan’s Leadership Change Sparks Market Volatility and Political Uncertainty
TL;DR Summary
Stock markets rose globally as investors anticipate a US interest rate cut following weak labor data, while political developments in Japan and France add uncertainty. The yen weakened, and US Treasury yields declined, with focus on upcoming US inflation data and central bank decisions. Gold hit a new high, and oil prices increased after OPEC+ output adjustments.
Topics:top-news#financial-markets#french-politics#interest-rate-cut#japanese-politics#stocks#us-dollar
- Fed rate cut optimism lifts stocks, as investors watch politics across continents Reuters
- Japan’s Prime Minister, Shigeru Ishiba, Resigns: What to Know The New York Times
- Japan’s next PM will face a problem that won’t go away with Shigeru Ishiba’s resignation The Guardian
- Japan’s new leadership struggle is far from business as usual The Economist
- Volatility Risks Rise in Japan Markets With Ishiba Set to Depart Bloomberg.com
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