Yen Strengthens Amid Japan Election Uncertainty and Market Fluctuations
Originally Published 5 months ago — by Bloomberg
The yen recovered slightly after Japan's ruling coalition lost its majority in the upper house, causing short-term political uncertainty but not a major market upheaval. Hong Kong stocks reached their highest since 2021, while US futures edged up. The US and EU are navigating trade tensions, and China increased shipments of rare earth magnets amid supply concerns. Overall, markets are reacting cautiously to political and geopolitical developments.
