The Japanese election results were always about the extent of Abe’s victory, rather than whether he would win. The headline results were positive, with two-thirds of seats won in the lower house, but voter turnout was at a record low, which says a lot about voter apathy towards the further reforms Abe was supposedly trying to get a fresh mandate on. The yen was barely moved on the news, retaining the firmer stance gained over the past week. The key quarterly Tankan survey was also out overnight, with mixed messages on the economy. The manufacturing indices were weaker than expected, interesting given the weaker yen. The non-manufacturing series were better, so overall the data were not sufficiently out of line to alter the outlook. We are entering the last full trading week of the year. The main focus will be with the US interest rate decision on Wednesday and within that, the potential for any change in language to better indicate the timing of any rate hike this year. We suspect that the Fed will want to keep things pretty much unchanged at this point in time. Even though the labour market continues to show signs of improvement, inflation expectations remain muted and the Fed will likely want to see some change here before it considers signalling the potential for higher rates to come. We also see inflation data in both the UK and the US. Oil prices continue to stand on the weak side, with the Russian currency once again coming under pressure and standing not that far below the 60 level on USDRUB. Further reading: EUR/JPY: Selling rallies is the way to go AUD: Flows, Valuation, Risks, Forecasts – Danske FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Daily Look share Read Next Australian dollar comfortable at US 75 cents according to Yohay Elam 8 years The Japanese election results were always about the extent of Abe's victory, rather than whether he would win. The headline results were positive, with two-thirds of seats won in the lower house, but voter turnout was at a record low, which says a lot about voter apathy towards the further reforms Abe was supposedly trying to get a fresh mandate on. The yen was barely moved on the news, retaining the firmer stance gained over the past week. The key quarterly Tankan survey was also out overnight, with mixed messages on the economy. The manufacturing indices were weaker than expected,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.