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Free AccessPM Kishida Approval Strengthening
Japanese Prime Minister Fumio Kishida has seen a significant increase in his approval rating from 41% on May 7 to 48% this week, according to the Morning Consult Global Leader Approval tracker.
- Kishida's bump in approval is notable considering the trend of low approval amongst G7 leaders, with the exception of Italian Prime Minister Mario Draghi (52%) who is also experiencing strong approval.
- UK Prime Minster Boris Johnson (29%), French President Emmanuel Macron (35%), German Chancellor Olaf Scholz (38%), US President Joe Biden (41%), and Canadian Prime Minister Justin Trudeau (42%).
- Kishida is expected to make a significant announcement tomorrow at the Quad summit in Tokyo on the future of the Japanese defence budget. His strong handling of the Ukraine response and hard-line with China is expected to allow Tokyo to re-evaluate their pacifist constitution and lay the groundwork for a period of increased Japanese military power.
Figure 1: Prime Minister Kishida Approval Rating (Morning Consult)
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.