Abe Remains Unpopular Despite Landslide Victory

Japanese Prime Minister Shinzo Abe won a key parliamentary election despite broad unpopularity among voters. But the electoral triumph isn’t expected to boost his ratings.A lack of a strong opposition helped his ruling coalition government, led by the conservative Liberal Democratic Party, retain its super majority in the lower house of parliament on Sunday. That’s despite waning public appeal for the 63-year-old leader amid a string of scandals.”This is a curious election, the LDP had a landslide with a prime minister who’s quite unpopular,” said Gerald Curtis, a political science professor at Columbia University. “The overwhelming opinion is that Abenomics has not been a great success but everything the opposition offers as an alternative would be much worse.”

Source: Japan PM Shinzo Abe to remain unpopular even after parliamentary election victory – CNBC

Focus on Earnings as Fed Enters Blackout Period

CAC Higher, Investors Eye French Manufacturing PMIs

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.