Free Trial
USDCAD TECHS

Bullish Outlook

AUDUSD TECHS

Trend Needle Still Points South

US

US-ASEAN Summit Concludes

CANADA

Risk-On Sentiment Dominates

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
JAPAN

The leaders of Japan's main opposition Constitutional Democratic Party are set to step down, after the CDP failed to increase its representation in the House of Representatives, let alone challenge the incumbent Liberal Democratic Party.

  • CDP leader Yukio Edano announced his intention to resign and will formally notify party executive board at their meeting this afternoon. Secretary General Tetsuro Fukuyama is also set to resign after taking responsibility for "extremely disappointing" election results.
  • The CDP reduced its share of seats in the lower house and will only have 96 lawmakers, compared with 110 it had before the election.
  • Party leadership came under criticism as the pact struck by CDP leadership with several other opposition parties backfired. Analysts noted that the CDP's cooperation with the Communist Party may have turned off some anti-LDP voters.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.