Bank of Japan

SINGAPORE (June 9): OCBC’s Bank of Singapore has turned less negative on the outlook of gold. Yet, it is still not outright bullish, as it finds it “hard to get excited” on gold’s upside potential over the medium-term. 

TOKYO (May 17): Tokyo’s money market is thawing as banks realize it’s better to pay interest to lend than face the cost of keeping money at the Bank of Japan.