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Sunday, December 16

16th Dec - Japan's Elections



Previously on MoreLiver’s:

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The Japanese election and the islands disputeThe World / FT

Japan election: Shinzo Abe and LDP in sweeping win - exit pollBBC
The conservative Liberal Democratic Party (LDP) of Shinzo Abe has won the Japanese election, exit polls predict.

Japan opposition LDP wins in a landslide: exit pollsReuters

Abe’s LDP Wins Victory Over Noda in Japan Election RoutBB

Japan's next PM Abe must deliver on economy, cope with ChinaReuters
Japan's hawkish ex-premier Shinzo Abe will get a second chance to run the country after his conservative Liberal Democratic Party (LDP) surged to power in Sunday's election, but must swiftly move to bolster the sagging economy while managing strained ties with China.

Japan election: LDP's Shinzo Abe vows tough China lineBBC
The leader of Japan's Liberal Democratic Party (LDP) has vowed to take a tough stance in territorial disputes with China.

Abe Landslide — Black Swan 2013?Global Macro Monitor

Abenomics Is Back: Shinzo Abe Returns As Japanese PMZH

Profile: Shinzo AbeBBC

Worst Premier for JGBs Since ’94 Poised for Return: Japan CreditBB

Initial Thoughts on Japan's ElectionMarc to Market
Currency traders and equity investors are not resisting the likely thrust of policy.  The debt market seems to be.  Even the CDS pricing shows no heightened concern.  The first instinct for many may be to sell the yen on the news and ahead of the BOJ meeting.  The BOJ is expected to extend its asset purchase program (QE).  However, given the magnitude of the recent move and positioning, we cautious about chasing the market before a correction.   

Japanese Yen Celebrates The Arrival Of Abenomics 2.0, Opens At 20 Month LowZH 

The Massive Move in Won/Yen CrossGlobal Macro Monitor

Japan: landslide LDP victory paves the way for AbenomicsDanske Bank (pdf)