Japanese reformist figure Shinzo Abe announces candidacy for President of the Liberal Democratic Party, causing the Japanese yen to strengthen.

According to the Wisdom Financial APP, Japanese Minister of Agriculture and reformist representative Shinzo Koizumi announced that he will participate in the presidential election of the ruling party, the Liberal Democratic Party. The Liberal Democratic Party is currently in urgent need of a leader who can turn the tide and lead the development of the country to succeed the outgoing party leader.