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Awful news out of Japan:
Other:
The
headline is the big,
tragic
news
for the session. As I post Abe appears to be in mortal danger.
He
was shot in the back, twice, with a shotgun
(the
gun does not look like a shotgun in photos I’ve seen)
from a distance of about 3 metres. Abe was giving a campaign speech
(there is an election Japan this weekend). He has been taken to
hospital. His condition report is sketchy but from reports:
-
he
is bleeding from the neck
-
he
is unconscious and unresponsive
-
he
is in cardiopulmonary arrest
As
I write AFP is reporting Abe is dead, showing no vital signs.
This
is awful.
there is more in the top section of the points above. Read from the bottom up for the chronology as it happened.
—
The
market response was to buy yen and USD. If you are new to markets,
when geopolitical news of significance such as this hits there tends
to be a flow into liquidity. And yes, it is somewhat gross to discuss
market response when it appears that a man who gave his health for
Japan (Abe resigned in 2020 due to ill health after serving is PM
from 2006-2007 and again from 2012 to 2020) appears to have been
shot and killed. People do have exposures to manage though.
The gunman was apprehended moments after firing.