Commodity Blog |
| Good News from Europe & Japan Propel Metals Higher Posted: 22 Jan 2013 12:18 PM PST Metals, both precious and industrial, rallied today after the Bank of Japan adjusted its monetary policy to stimulate economic growth. News from Europe was positive too, adding to the good mood of traders. The Bank of Japan issued the joint statement together with Japan’s government, indicating that it will increase cooperation with lawmakers. As was expected, the central bank doubled its inflation target to 2 percent. The real surprise [...] |
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