With the recent decline in Japanese Prime Minister Shinzo Abe’s approval rating, could he win in September’s LDP presidential election and could Abenomics continue without him?
Asia Pac / EM
Currencies
Economy/Politics
Europe
Japan
US
Still Bearish on the USD
By Lim Xiou Ann
Despite positive news for the US in October – promise of a more aggressive Fed and incoming Fed Chair, tax reform as well as better US data including higher average earnings growth – the USD did not sustain its rally.