Chart of the day: JP225 (28.10.2024)

Japan's Nikkei (JP225) is gaining 2.9% while the Japanese yen is losing 0.26% against the dollar after Japan's ruling coalition lost its majority for the first time in 15 years. As a result, there may be a perception that the normalization of monetary policy will proceed more slowly under the pressure of political uncertainty.

According to estimates, Prime Minister Shigeru's Liberal Democratic Party (LDP) could end up with 154 to 219 seats in the 475-seat chamber as a result of Sunday's vote, meaning it will not win an independent majority of 233 seats. Moreover, the LDP's coalition partner, the Komeito party, also failed to reach the required number of seats to form a joint government.

As a result, it is most likely that the LDP and Komeito will join forces with one or two smaller parties to reach the 233 seats needed to govern.

What does all this mean for the markets? It now seems that the BoJ will want to see how quickly the political uncertainty subsides once a coalition majority is formed. Otherwise, the BOJ may have to delay further interest rate hikes until next year.

The JP225 index is gaining 2.9% today and has broken out above the 50- and 100-day exponential moving averages, confirming a rebound from the lower limit of the upward channel on the instrument. Source: xStation

8 September 2026, 6:43 PM

Daily Summary: NFP Spooks Wall Street, Oil Back Near $100

8 September 2026, 2:44 PM

US Open: NFP Has Shifted Fed Expectations, and Wall Street Now Awaits Inflation

7 September 2026, 1:58 PM

Market Wrap: Far-right AfD wins in Germany, oil continues to rise (07.09.2026)

7 September 2026, 8:59 AM

Economic Calendar: ECB decision, Oracle results, and US inflation - what to expect? (07.09.2026)

Indices

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days