德商银行：日本即将举行的选举可能导致日元贬值

Core Viewpoint - The upcoming elections in Japan may lead to a depreciation of the yen due to potential loss of majority seats by the government and increased uncertainty in fiscal policy [1] Group 1: Election Impact - The Japanese government faces the risk of losing its majority in the upcoming Sunday Senate elections, which could be a turning point for the country [1] - There is a possibility of new elections in the House of Representatives, further complicating the political landscape [1] Group 2: Economic Consequences - Increased uncertainty in fiscal policy may hinder trade negotiations with the United States, which is expected to weaken the yen [1] - Even without changes, if the government introduces new fiscal measures in response to the election results but fails to address structural issues, the yen may still decline [1]