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How a bowel disease led us to stronger Yen

On August 28th Japan’s longest serving Prime Minister, Shinzo Abe, announced his resignation. Abe, who had been the head of the government since 2006, with a short stint in opposition in 2012, quoted health reasons for his departure. Namely, Abe is suffering from inflammatory bowel disease – ulcerative colitis that tends to be chronic and […]

Chinese shopping is supporting Aussie dollar

China is showing signs of a strong recovery based on latest data published for August when retail sales picked up from -1.1% in July to +0.5% (vs expected +0.0%). August marks the first month in 2020 when retail sector is expanding, indicating that Chinese consumers are willing to open their wallets again. This data point [...]

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