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15 Dec 2014
FXStreet: Japanese election results overshadowed by events in Sydney – Tip Tv
FXStreet (Barcelona) - FXStreet’s Craig Drake and The Tip Tv Team discuss about the Japanese election outcome and the movements in Yen subsequently.
Key Quotes
“While the overnight session was expected to be dominated by the results of the Japanese election, it was instead overshadowed by the events in Sydney’s CDB where terrorists had taken an unknown number of prisoners hostage in a café near to the RBA.”
“The Japanese election results came in as expected, with Shinzo Abe’s Liberal Democratic Party (LDP) retaining its House of Representatives majority, winning 325 seats out of 475. While the yen broke above JPY119 immediately following the election, it consolidated lower in acknowledgement that the election changed little fundamentally, something brought home by the weak data in the BoJ’s Tankan report.”
Key Quotes
“While the overnight session was expected to be dominated by the results of the Japanese election, it was instead overshadowed by the events in Sydney’s CDB where terrorists had taken an unknown number of prisoners hostage in a café near to the RBA.”
“The Japanese election results came in as expected, with Shinzo Abe’s Liberal Democratic Party (LDP) retaining its House of Representatives majority, winning 325 seats out of 475. While the yen broke above JPY119 immediately following the election, it consolidated lower in acknowledgement that the election changed little fundamentally, something brought home by the weak data in the BoJ’s Tankan report.”