Japanese Govt looking to cut CPI and GDP estimates in next mid-term report – Reuters sources

Reuters sources reported last hour that the Japanese government is considering slashing long-term CPI forecasts to 1.5% from 2.0%. while cutting GDP estimates in its next mid-term report due in January 2018.

Gold rebounds after yesterday's steep sell-off, around $1280 level

   •  Fresh safe-haven demand helps gain some positive traction.    •  Softer USD provides an additional boost.    •  Wednesday’s FOMC meeting minut
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