Japan’s political ‘changing of the guard’ and JPY implications
Following the LDP leadership election in Japan today Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to Seiko Kataoka-Fisher, Head of Japanese Client FX Sales about what the implications will be for BoJ monetary policy and the yen after the victory for Shigeru Ishiba. Derek also looks ahead to next week’s US employment report and the Fed and FX implications.