Shinzo Abe’s emphatic win heralds a continuation of Japan’s hyper-easy monetary policy. Photo: ReutersLondon: Japanese Prime Minister Shinzo Abe’s election victory lifted world stocks and the dollar on Monday, relegating concerns about Spain’s escalating political crisis to little more than a blip on the market radar. US stock index futures pointed to a higher open for Wall Street, tracking gains for other major stock markets. The stronger dollar also increased pressure on some emerging currencies, with the Turkish lira and stocks suffering amid lingering concerns over Ankara’s relationship with Washington. The MSCI Emerging Market index was down 0.1%.

Source: Mint October 23, 2017 14:26 UTC