[Stock, FX] Prime Minister Kishida unpopular with Japanese traders
In Japan, the Prime Minister changed from Yoshihide Suga to Fumio Kishida in October 2021. Since the change of Prime Minister, the fall of Japanese stocks and the Japanese yen has begun. Since the Kishida administration was inaugurated on October 4, the Nikkei Stock Average has fallen for eight consecutive business days until October 6 with the inauguration of the Kishida administration. This is the first time in about 12 years since July 2009.