Japan's LDP Loses Majority, Sending Yen Lower, and Oil Gaps Lower on Middle East Developments
Marc Chandler
October 28, 2024
Overview: The next couple of weeks in the capital markets are likely to be tumultuous, and the loss of the LDP majority in Japan get it started. The yen gapped lower amid the immediate uncertainty. The yen is off about 0.5% toward the middle of today's range. Leaving aside the Scandis, where are mixed, the other G10 currencies are little chang…
Japan's LDP Loses Majority, Sending Yen Lower, and Oil Gaps Lower on Middle East Developments
Reviewed by Marc Chandler
on
October 28, 2024
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