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Japan Political Uncertainty

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financial-markets4 months ago

Yen Declines and Markets Rise Amid Japan's Political Uncertainty

Stocks rose and the dollar wobbled after weak US jobs data increased expectations of a US interest rate cut, while the yen fell amid political uncertainty in Japan following Prime Minister Ishiba's resignation. Investors are also watching European political developments and upcoming US inflation data, with markets pricing in a potential rate cut later this month.