Japan’s PM Exit May Add Fuel To Trade Deal Rally, Analysts Say

Japan’s trade deal with the US has sent share prices soaring and pushed bond yields higher. Reports that Prime Minister Shigeru Ishiba is planning to step down will only give a further boost to sentiment, say strategists.

US President Donald Trump said he had reached a trade deal with Japan that would set US tariffs on its goods at 15%, a relative reprieve from earlier threats of 25% tariffs. The deal came just days after the party of Prime Minister Shigeru Ishiba failed to win a majority in an upper house election — and was followed shortly after byreports ...