在当天正式成立的新内阁主要岗位上，高市任命与其政治理念相近的保守派人士、前防卫大臣木原稔出任官房长官。自民党前干事长茂木敏充、前农林 水产大臣小泉进次郎和前官房长官林芳正分别出任外务大臣、防卫大臣和总务大臣。他们此前在自民党总裁选举中曾与高市竞争。舆论认为，高市此举意在 兼顾党内派阀平衡、促进内部团结，从而巩固自身的执政基础。 针对当前社会关注度较高的外国人政策问题，自民党与维新会在20日签署的合作协议中提出将设立专责大臣统筹管理相关事务。高市任命首次入阁的参 议员小野田纪美在担任经济安全保障大臣的同时，兼任外国人政策担当大臣。此人是与高市关系密切的保守派代表人物之一。日本媒体指出，鉴于内阁中汇 聚了多名保守派人士，新内阁整体呈现出浓厚的保守色彩。 当地时间21日20时56分左右，高市早苗内阁大臣认证仪式结束，新内阁正式成立，多名保守派政治人物出任要职。在就任后的首次记者会上，日本新首 相高市早苗称将凭借强有力的经济举措维护日本的国家利益。有分析称，新执政联盟在政策上将进一步右转。 然而，自维两党尚有分歧，且在国会仍为少数，未来政策推行面临不确定性。在政治"黑金"、物价高企以及外交政策等问题上，高市早苗能否交 ...

贵金属日报 | 2025-10-22 2025-10-21，Au2508合约上，多头较前一日变化-522手，空头则是变化-224手。沪金合约上个交易日总成交量为 695291手，较前一交易日变化-29.90%。在沪银方面，在Ag2508合约上，多头变动2手，空头变动-2手。白银合约 上个交易日总成交量2383616手，较前一交易日变化-35.60%。 俄乌局势趋于缓和 贵金属迎来调整 市场分析 地缘方面，欧洲领导人发表联合声明，支持通过谈判推动俄乌停火；声明表示，各方一致支持争取公正而持久的 和平，并赞同美国总统特朗普提出的立即停火、以当前接触线作为谈判起点的主张；声明重申，国际边界不应以 武力方式改变；地缘风险趋于缓和。此外，日本自民党总裁高市早苗在众议院指名选举中，当选日本新一任首相， 成为日本首位女首相；经济主张方面，高市早苗正考虑指示编制应对物价高涨的2025年度补充预算案。 期货行情与成交量： 2025-10-21，沪金主力合约开于990.00元/克，收于994.06元/克，较前一交易日收盘变动2.45%。当日成交量为41087 手，持仓量为129725手。昨日夜盘沪金主力合约开于962.82元/克 ...

Core Points - The ruling coalition of the Liberal Democratic Party (LDP) and Komeito failed to secure a majority in the recent Japanese Senate elections, marking the first time since the LDP's establishment in 1955 that it has lost majority seats in both houses simultaneously [1][3] - Prime Minister Shigeru Ishiba stated he would continue to serve despite the coalition's losses, indicating a commitment to his role [1][6] - Analysts attribute the coalition's defeat to public dissatisfaction with rising prices, ineffective policy responses, and an aging image of traditional parties, revealing deeper crises in policy response and public communication [3][4] Election Results - The ruling coalition obtained a total of 47 seats, falling short of the 50-seat majority target [3] - The coalition's loss in the Senate follows a previous failure to secure a majority in the House of Representatives, officially transitioning to a minority government [3] Public Sentiment - Ishiba's cabinet support rate has dropped to 20.8%, the lowest since he took office, with over 40% of respondents citing a lack of leadership and policy failures as reasons for their discontent [4][6] - The decline in real wages, which fell by 2.9% year-on-year, has significantly reduced household purchasing power, leading to increased public frustration [3] Political Landscape - The absence of a mandatory re-election process for the Prime Minister in the Senate allows Ishiba to remain in power despite the losses [7] - The fragmented opposition parties are unlikely to unite quickly to propose a no-confidence motion against Ishiba, allowing him to potentially stay in office for the short term [7] Trade Negotiations - The ongoing U.S.-Japan trade negotiations are critical, with U.S. President Trump pressuring Japan for potential tariffs, which complicates the political situation for Ishiba [9] - Analysts express concerns about Japan's bargaining power being weakened due to the coalition's diminished status, complicating negotiations on tariffs in key sectors like agriculture and automobiles [9][10] Future Challenges - The ruling coalition will face significant challenges in the upcoming extraordinary Diet session, where it must secure support for the 2025 supplementary budget addressing price measures and U.S. tariff responses [10]

Core Viewpoint - The ruling coalition in Japan, consisting of the Liberal Democratic Party (LDP) and Komeito, has lost its majority in both houses of the National Diet, leading to increased pressure on Prime Minister Shigeru Ishiba and uncertainty in Japan's political landscape and foreign relations [1][2]. Election Results - The Japanese House of Councillors has 248 seats, with 125 contested in the recent election. The ruling coalition secured only 47 seats, failing to achieve a majority, marking the first time since the LDP's establishment in 1955 that it has lost majority control in both houses [2][3]. - The LDP's performance was particularly poor in local and major urban districts, winning only 14 out of 32 single-member districts, and losing significant ground in traditional strongholds [2][3]. Reasons for Defeat - Public dissatisfaction with rising prices and the government's inadequate response has been identified as a primary reason for the ruling coalition's defeat. Voter concerns about inflation, particularly in rice prices, have overshadowed other issues, with many voters prioritizing "price countermeasures" [3][4]. - The LDP's cash handout policy of 20,000 yen per person was criticized as ineffective and insufficient to alleviate the economic burden on citizens, contributing to a decline in public support for Ishiba's cabinet, which fell to 20.8%, nearing the threshold for political instability [3][4]. Shift in Voter Sentiment - There is a growing fatigue among voters towards traditional parties, with new parties like the Constitutional Democratic Party and the emerging populist party gaining traction. The former increased its seats from 9 to 22, while the latter rose from 1 to 15 [4]. - The new parties have resonated with voters by addressing issues such as tax exemptions for workers and anti-foreign sentiment, utilizing social media effectively to mobilize support [4]. Challenges in U.S. Negotiations - Despite the election setback, Ishiba has stated he will not resign, with some within the LDP suggesting that maintaining continuity in U.S. negotiations is crucial [5]. - The U.S. has indicated potential tariffs on Japan, complicating the government's bargaining position. Analysts express concerns that the weakened ruling party may struggle to secure domestic support for concessions in sensitive areas like agriculture and automobiles [6][7]. Future Governance Outlook - The ruling coalition's minority status will necessitate greater reliance on opposition parties for policy implementation, particularly in the upcoming extraordinary Diet session [7]. - There are rising calls within the LDP for Ishiba to step down, with discussions about a leadership change already underway, reflecting historical precedents where leaders resigned following electoral defeats [7].