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Commodities Briefing - Categorized | Financial, Market Moves, Trends more

Commodities poised to ride central bank cash higher

Posted on 08 October 2010

From Reuters: Commodities could extend a rally that has lifted prices more than 10 percent since late August, if central banks pump billions more dollars into the global economy to prop up the sputtering recovery.
Raw materials prices surged after U.S. Federal Reserve Chairman Ben Bernanke said on August 27 the Fed was prepared to use “unconventional” policies such as buying more long-term securities to drive down interest rates, if necessary……………………………………….Full Article: Source


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