Japan’s Takaichi may call early election in February — Reuters

Japan’s Prime Minister Sanae Takaichi may call an early general election, the head of her party's coalition partner said on Sunday, after Reuters reported that snap election could be held as early as February.

It would be the first time for the conservative Takaichi, Japan's first female prime minister, to face the voters, giving her an opportunity to capitalise on the strong public approval ratings she has enjoyed since taking office in October.

Market reaction

The USD/JPY pair is gaining 0.11% on the day to trade at 158.05 at the press time.