09.02.2011 - China's rate increase chills commodities
From WSJ: China's latest move to cool its economy also chilled commodities markets from copper to coffee. But a weaker dollar helped most commodities recover by the end of the day. The People's Bank of China said it will raise key interest rates by a quarter of a percentage point each, its third increase since October. While markets had expected such a move, the timing was surprising, coming on the last day of the Lunar New Year holiday..............................................Full Article: Source
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