A bad night for the ruling coalition could cost the prime minister his job and make it harder to strike a deal with Washington before the August tariff deadline.

The Japanese Yen (JPY) pushes higher against the US Dollar (USD) on Monday as the Greenback softens amid falling US Treasury yields and cautious market sentiment. While the Yen is getting a lift after Sunday’s upper house election, political uncertainty in Japan following the ruling coalition’s loss of majority could limit further gains.

Japan's Liberal Democratic Party, which Prime Minister Ishiba leads, secured 47 seats in parliament, short of the 50 it needs for a majority.

Japanese voters participated in a closely contested upper house election that could create political upheaval. Prime Minister Shigeru Ishiba's coalition faces challenges from opposition parties advocating fiscal changes.

Japan's Liberal Democratic Party ruling coalition may lose its majority in the upper house in an election on Sunday, which could heighten calls for the government to boost spending and cut tax.

Japan’s super-long bonds extended their recent declines Tuesday, pushing the yield on 30-year securities toward a record high as political risks cast a greater shadow over the nation’s financial markets.

Japanese voters faced a crucial upper house election that could destabilize Prime Minister Shigeru Ishiba's administration. Rising prices and immigration issues challenge his leadership. The Liberal Democratic Party risks losing control,

Japanese Prime Minister Shigeru Ishiba on Monday apologized to the ruling Liberal Democratic Party (LDP) for the election loss, adding that he will continue to govern in coalition with Komeito.

President Donald Trump on Sunday escalated his call for the Washington Commanders to change their name back to the “Redskins,” threatening to restrict the NFL team’s stadium deal if they don’t, though it’s unclear how he would be able to.

Japanese Prime Minister Shigeru Ishiba sought to buy time in office following a second election setback in less than a year. But whether he stays days, weeks or even months, Sunday’s vote made clear that his Liberal Democratic Party needs an overhaul to stay relevant.

Japan’s ruling coalition suffered a significant loss in a parliamentary election on Sunday, a setback that risks derailing delicate trade negotiations with the US just weeks before punishing tariffs are set to take effect.