Japanese Prime Minister Noda passed a bill giving the goverment the ability to issue debt before dissolving the lower house of parliament and calling for elections on December 15th. Observers are expecting a return to power by the LDP and its leader, former PM Shinzo Abe. One of the biggest issues in this election is China and Abe has a hard stance, which could impact Japan’s trading partnership. China on the other hand finished a 10 year cycle this week with the Communist Party Congress which transfered power from Hu Jintao to the known successor Xi Jinping.
- Japanese Elections – Impact on N225 and USD/JPY 
- Weak Retail Sales push NZD lower: Charts 
- BOJ may need rates below zero 
- RBA may hold rates due to growth in Consumer Prices 
- Japan PM Dissolves Parliament Fiscal Cliff Averted 
- Singapore Gov slash GDP forecast to 1.5%, Business Outlook Gloomier 
- Singapore Inflation to Slow Growth in 2013 
- Singapore Home Sales Drop 26% in October 
- Japan’s Abe wants BOJ to set negative interest rates 
- SGD – CPF interest rate to remain at 2.5% 
- Asia’s Bond Market Bubbling as Investors Chase Yields 
- EUR/JPY Technicals – Bulls fail to break 104 resistance level 
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