• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Japan’s Premier Suga Steps Down, Two Former Foreign Ministers Lead Replacement Race

September 3, 2021 by Forex Winner Leave a Comment

Japan’s Premier Suga Steps Down, Two Former Foreign Ministers Lead Replacement Race

Source: Bloomberg

Japanese Prime Minister Yoshihide Suga set forth plans to resign after failing to control the country’s COVID-19 surge, with two former foreign ministers are seen as leading the pack to take over. JPY USD up +0.24%, Nikkei 225 up +2.05%

  • In a shocking announcement, Suga stated that he could not campaign for reelection as a leader of the Liberal Democratic Party while struggling with the virus, ending his reign almost a year after it started.
  • The next LDP leader is virtually guaranteed to become prime minister due to the party’s dominance in Japan’s parliament.
  • Japanese stocks jumped on hopes the next prime minister would support expanding economic stimulus, with at least one contender for the job, former Foreign Minister Fumio Kishida, supporting more spending to soften the pandemic’s effects.
  • Suga’s resignation increased speculation about potential replacements. Vaccine czar Taro Kono plans to seek the LDP presidency.
  • Kono and Kishida have the first-hand experience in negotiating with the United States and China. 
  • Suga became the premier as a diplomatic novice, and as a premier, offered support for President Joe Biden as he sought allies for united efforts against China’s security threats. 

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Has the Airbnb bubble burst?

July 8, 2025

Ondo & Hyperliquid Shine on Infrastructure; XYZVerse Captures Meme-Momentum Amid BTC Bull

July 7, 2025

Future phase pipeline: Mannheim resources growth – 76% increase in lithium brine resource estimate

July 7, 2025

Footer

Forex Broker Reviews

Saxo Bank

Saxo Bank Review

July 25, 2019 By Forex Winner

xm forex broker

XM Review

April 25, 2019 By Forex Winner

FBS

FBS Review

January 29, 2020 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure