Watch Japan Parliament rallying "BANZAI" and yen surged

[Worm]

Watch Japan's LDP "BANZAI" in parliament, cheering for PM Takaichi after dissolving parliament
Japanese Yen rallied from 159 to 156 against USD within a day.

 

[Worm]

LDP will win big

 

[syed putra]

Yen surge means gomen must pay more in interest.

 

[Worm]

Takaichi overworked

 

[404]

Back to start at 159.9 against USD

 

[Worm]

View attachment 242763
Back to start at 159.9 against USD

Nikkei up over 12,000 points since PM Takaichi took over.

I think it is commendable, Japanese conglomerates, tech companies, heavy industries, trading houses, all rallied. Even tourists are flooding in.

 

[k1976]

Watch Japan's LDP "BANZAI" in parliament, cheering for PM Takaichi after dissolving parliament
Japanese Yen rallied from 159 to 156 against USD within a day.

Her face dun seem happy at all…jobless soon?

 

[Worm]

 

[404]

 

[Worm]

View attachment 242984

Nikkei will likely go up tomorrow.

Korean government intervened today and KRW surged from 1557 to 1527, their stock market crashed 8-10%.
https://www.bloomberg.com/news/arti...s-measures-to-stem-won-slide-curb-speculation

These days, Japanese equities is negatively correlated to USDJPY strength.

 

[Eisenhut]

Yen surge means gomen must pay more in interest.

Yen surge means Japanese goods less competitive

 

[eatshitndie]

Yen surge means Japanese goods less competitive

the cheap ¥ fuels toyota, nissan, subaru, mazda and honda sexports. auto cumpanies in jippun control the narrative in jp politics and generously fund their candidates’ campaigns. thus they prefer a weaker yen. however, other zaibatsu’s are losing their sexport competitiveness and prefer a stronger yen for import reasons as they renew focus on the domestic market. jp is also facing energy price inflation due to reliance on oil and gas as the fuckyushima disaster dealt a major blow to nuclear energy or any new plans using nuclear power. a stronger yen will curtail this enormous inflationary pressure and also curb sexcessive unwanted cheap tourism.