Japanese Chief Cabinet Secretary Kihara says the dissolution of the Lower House is for the PM to decide
Newsquawk Staff ·
Japanese Chief Cabinet Secretary Kihara says the dissolution of the Lower House is for the PM to decide.
What it means
The statement from Japan's Chief Cabinet Secretary suggests a potential shift in political dynamics, as the Prime Minister holds the authority to dissolve the Lower House. This uncertainty could impact market sentiment around Japanese assets, particularly in sectors like metals and mining, where stability and policy direction are crucial for investor confidence. Watch for potential volatility in the Japanese yen and commodities linked to Japanese demand as the situation develops.
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