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Japan set to issue JPY16 trln in additional government bonds to fund stimulus package - Reuters

Citing sources familiar with the matter, Reuters reports that the Japanese government is likely to unveil 16 trillion yen in additional government bonds to fund the stimulus package.

Further, the sources reported that the government will be issuing the bonds from July onwards to fund stimulus, aimed at fighting the economic impact of the virus outbreak. 

  • USD/JPY recovers swiftly from near 2-week lows, retakes 108.00 mark and beyond

Copper Futures: There is still chance of a rebound

CME Group’s flash readings for Copper futures markets noted traders trimmed their open interest positions and volume by around 1.9K contracts and almo
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GBP/USD: To fail at Fibo resistance – Commerzbank

GBP/USD last week corrected higher and is poised to encounter the 61.8% retracement at 1.2516 and the 200 day ma at 1.2664, per Commerzbank. Key quote
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