BOJ Expected to Accelerate Easing as LDP in Power

17 December 2012 17 December 2012

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With the exception of Nikkei 225 index, Asian stocks lowered on Monday as investors remained worried about the fiscal cliff issue in the US. In Japan, victory of the Liberal Democratic Party (LDP) raised expectations of aggressive monetary easing, sending Japanese stocks higher and the yen to a 20-month low.