An update on the election in Japan - in a nutshell a big majority for Shinzo Abe

Public broadcaster NHK report Abe's Liberal Democratic Party along with its coalition partner (Komeito) look on track for a big majority, at this stage likely above 310 seat threshold in the 465-seat House.

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For monetary policy Abe's big in will likely mean continued easy policy for the BOJ and shoud be a negative for the yen.