Abe election win a danger to regional stability

China is worried that Abe’s election victory is a danger to regional stability, a commentary piece from official Chinese news agency Xinhua.

The commentary says, PM Abe's election victory in Japan's upper house elections is likely to give Abe's coalition the two-thirds majority it needs to change the pacifist constitution and so it poses a danger to Japan and regional stability.

The commentary comes after Shinzo Abe won a sweeping victory in elections to Japan’s upper house and there is now a parliamentary supermajority that supports revision of Japan’s pacifist constitution.

EUR/USD peeks into the green near 1.1050

The EUR/USD pair set-off a new week on a weaker footing, with the bears extending the control post-NFP release, although remains supported above 1.103
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