Monday, April 16, 2012

Gold And Silver: Daily Market Outlook. April 11th.




Japan keeps surprising with better-than-expected economic stats. This time it was manufacturing orders that showed some growth. As a result, the Japanese Yen seems to be turning into a safe haven asset again. A stable economy usually allows unprecedented borrowing. This financial year Japan’s public debt is expected to reach 219% of its national GDP. The Bank of Japan is expected to announce the expansion of its bond purchase program during the forthcoming meeting scheduled for April 27th.

outlook ..... 

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