Bank of Japan

SINGAPORE (June 24): The UK officially decided to leave the European Union on June 23, with leave votes trumping remain by 51.9% to 48.1%. A total of 33.5 million voted. Mayhem ensued in the markets, with the British pound dropping more than 10% to a 30-y

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.