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Japan: Politics back in focus - Nomura

In Japan, politics are again in focus and an early snap election is becoming more likely, as early as on 22 October, and political headlines will likely have more impact on JPY.

Key Quotes

“If PM Abe survives by securing an LDP single-party majority with a sufficient margin as the latest poll suggests, an accommodative BOJ monetary policy will likely continue for longer, supporting JPY weakness. Historically, into Election Day risk sentiment tends to improve too, and this should support commodity currencies against JPY.”

Forex Today: USD/JPY ignores BOJ status-quo, Kuroda, Draghi eyed

Forex today was dominated by broad based US dollar strength, as the dust settled over the Fed aftermath. The USD bulls continued to cheer Fed’s hawkis
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RBA’s Lowe: Rising rates abroad have no automatic implications for Australia

The Reserve Bank of Australia (RBA) Governor Phillip Lowe is on the wires now, via Reuters, making a scheduled speech titled "The Next Chapter" at the
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