“A Major, Serious” Situation In Japan, PMIs Galore, And A Deadline For Qatar
Ok, so Shinzo Abe's LDP suffered a stunning loss in Tokyo assembly elections over the weekend, winning their lowest number of seats ever, and that prompted calls for a cabinet reshuffle.
"It looks like a tough situation," LDP Secretary General Toshihiro Nikai said on Sunday.
"This is major, it’s serious," independent political analyst Minoru Morita added. "He will have to reshuffle the Cabinet, but that won’t resolve the situation. People are turning their backs on Abe and on the LDP."
“Qatar’s rial exchange rate is completely stable against the U.S. dollar,” the bank said in statement.
Looks like they hired Obi-Wan
Worth including in your financial mindfulness mediation practice:
“Before you go getting any ideas, do take a moment to consider that one week of not-overtly-bearish data doesn’t really change the fundamental picture here.”