A pro-Russia Japanese lawmaker left his opposition party Tuesday after facing criticism for making a surprise visit to Moscow and declaring his support for Russia to win the war in Ukraine.
Muneo Suzuki, a former parliamentary vice-minister of foreign affairs, submitted a letter of resignation to the centre-right opposition Japan Innovation Party, said the party s secretary-general Fumitake Fujita.
A pro-Russia Japanese lawmaker left his opposition party Tuesday after facing criticism for making a surprise visit to Moscow and declaring his support for Russia in its war against Ukraine. Muneo Suzuki, a former parliamentary vice-minister of foreign affairs, submitted a letter of resignation to the center-right opposition Japan Innovation Party, the party's secretary-general Fumitake Fujita said.
Risk sentiment seems to be recovering this morning with all but Japanese equities higher in Asia. Euro is marginally higher against the dollar and weaker versus the Nordic currencies. Brent oil is range-trading at the 74-75 level. The dramatic events in Russia over the weekend have not led to big market moves, at least not yet. Rates markets currently price in one more hike for the Fed by November and 47bp worth of hikes by the ECB by December.