METALS-Copper at highest in more than a week, US jobs awaited

“Quantitative Easing”


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What is QE?

METALS-Copper at highest in more than a week, US jobs awaited
"What is supporting commodities is quantitative easing and any easing back could have a temporary bearish impact. But people have to remember that if the Fed scales back on stimulus it is because the economy is getting stronger. That is good news.
Read more on Reuters

Market closes up 1 per cent
However, the US dollar rallied against most major currencies and gold, as US benchmark 10-year yields jumped 10 points to 2.71 per cent on expectations the firmer data paved the way for the Fed to begin scaling back quantitative easing after its …
Read more on The West Australian

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