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Raw materials rise on stimulus hopes

Posted on 05 July 2012

The prices of raw materials surged Tuesday as investors bet the beaten-down global economy would force central banks to take fresh steps to support growth.
With many commodities markets closed on Wednesday for the U.S. Independence Day holiday, traders Tuesday took the opportunity to lock in bullish bets on copper, crude oil and precious metals in case the central bankers make moves that would stoke demand………………………………………..Full Article: Source


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