Japanese foreign portfolio investment continues – Nomura

Yujiro Goto, Global FX Strategist at Nomura, notes that the appetite of Japanese investors for foreign securities continued for the 23rd straight week.
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Gold rebounds from 6-week lows near $1184

Gold prices on Comex bounced-back sharply from six week lows in Asia and extends its recovery mode in the early European trades largely on a short-covering rally and also as Asian equities tumbled on weak Chinese PMI data boosted the safe-haven demand in gold.
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