Core Viewpoint - The Japanese political landscape is shifting towards the potential election of Sanna Takichi as Japan's first female Prime Minister, following a coalition agreement between the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) [1][3] Group 1: Political Developments - The LDP and JIP are set to formalize a coalition agreement on October 20, 2025, which is expected to secure Takichi's position as Prime Minister [1] - The coalition will have a combined total of 231 seats in the House of Representatives, just two short of a majority, but the divided opposition is likely to facilitate Takichi's election [1][3] - Takichi, a conservative nationalist, is closely aligned with former Prime Minister Shinzo Abe's policies, which has led to market speculation about the revival of "Abenomics" [1][4] Group 2: Market Reactions - The "Sanna Trade" has emerged in global markets, characterized by significant volatility in stocks, bonds, and currencies following Takichi's anticipated victory [2] - The Nikkei 225 index surged by 3% to reach a historical high, with a year-to-date increase of approximately 25% [2] - Market expectations are centered around a return to "Abenomics," which emphasizes aggressive fiscal stimulus and a cautious stance on monetary tightening, benefiting sectors like technology, energy, and defense [2] Group 3: Policy Implications - The JIP has outlined three core demands for the coalition: temporary reduction of the food consumption tax, tightening political funding regulations, and reducing the number of lawmakers [3] - Takichi's economic policies are expected to focus on government spending to stimulate growth, while her conservative stance on social issues remains firm [3][4] - There is a consensus between the LDP and JIP on enhancing Japan's security and economic resilience, including support for the Japan-U.S. security alliance and the expansion of nuclear energy post-Fukushima [4]
“早苗交易”势不可挡! 自民党与维新会即将联合执政 高市早苗当选日本首相几乎成定局
智通财经网·2025-10-20 04:17