 Japan's Nikkei index surges sharply by over 2% in Asian session, in very positive response to the easy win of the Liberal Democratic Party in Sunday's election. Prime Minister Fumio Kishida's LDP retained comfortable majority in the House of Representatives, ensuring continuity of the economic policies. While other Asian markets are mixed, Yen is trading slightly lower following the risk-on sentiment. Dollar is currently the stronger one for the day. Technically, USD/JPY would be a focus for today, as corrective pull back from 114.69 might be finished at 113.24. Current rebound could extend to retest 114.69 and break there will confirm up trend resumption. If that happens, we'd also monitor if other Yen crosses follow. For example, AUD/JPY would also break through 86.24 to resume medium term up trend. In Asia, at the time of writing, Nikkei is up 2.31%. Hong Kong HSI is down -1.10%. China Shanghai SSE is up 0.07%. Singapore Strait Times is up 0.83%. Japan 10-year JGB yield is up 0.008 at 0.108. | 
