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Commodities: All eyes on ECB amid hopes for stimulus measures

Posted on 09 November 2012

Commodities may rise if the ECB hints it is preparing to introduce stimulus measures to battle deepening Eurozone recession, buoying risk appetite. Metals are treading water while crude oil is mounting a cautious corrective recovery after yesterday’s aggressive selloff in early European trade.
All eyes are on the European Central Bank interest rate decision, with traders pining for growth-supportive measures as the recession in the Eurozone continues to stand as the most significant obstacle to global growth………………………………………..Full Article: Source

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