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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