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Takaichi's Win Boosts Japanese Stocks; ETFs Gain

Takaichi's victory sends Japanese stocks soaring. ETFs focused on Japanese exports see increased interest, and new investors can start with a 50€ credit.

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On the right at the top corner there is coin on an object and there are texts written on the object.

Takaichi's Win Boosts Japanese Stocks; ETFs Gain

Sanae Takaichi's triumph in the ruling LDP's election has driven a historic rally in Japan's stock market today. The Nikkei 225 soared nearly 5%, surpassing the 47,000-point mark for the first time. Takaichi, advocating for loose monetary and fiscal policy, is expected to continue 'Abenomics,' leading to a weaker yen and rising stock prices, particularly for export-oriented companies in the stock market today. Meanwhile, the yen has experienced strong depreciation pressure, and long-term government bonds have lost significantly following her win.

Takaichi's win has also boosted the performance of certain ETFs. The WisdomTree Japan Equity UCITS ETF - USD Hedged, focusing on high-quality, export-oriented Japanese companies with attractive dividend profiles and strong momentum, has seen increased interest. This ETF, with ISIN: IE00BVXC4854, offers broad-based investment in the Japanese stock market today with currency hedging against the US dollar. Its CEO, Jonathan Steinberg, is optimistic about its prospects.

Looking at the broader ETF landscape, the ETF has outperformed the Nikkei 225 and the largest European Japan ETF in terms of performance over a five-year period. Additionally, new customers opening a free account at ZERO can receive a 50€ starting credit by entering the promo code 'ZERO50' during registration.

Takaichi's win has significant implications for the Japanese economy and its markets. Her policies are likely to lead to a weaker yen and rising stock prices, benefiting export-oriented companies and ETFs like the WisdomTree Japan Equity UCITS ETF - USD Hedged in the stock market today. Meanwhile, investors can take advantage of the currency hedging offered by this ETF, which pays off particularly in volatile market phases. As for new investors, they can start their journey with a 50€ credit from ZERO by using the promo code 'ZERO50'.

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