Aussie gains on easing trade tensions, resilient Chinese economy

By Kevin Buckland TOKYO (Reuters) -The Australian dollar rose on Monday, cheered by reasons to be a bit more upbeat on top trade partner China, with data showing its economy reasonably resilient to U.S. tariffs and President Donald Trump toning down some of his trade rhetoric. The yen initially weakened as Sanae Takaichi, an advocate of fiscal and monetary stimulus, appeared all but certain to become Japan's next prime minister after securing crucial political backing for the top job. However, those dec ...