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Main » 2012 » September » 7 » Cut interest rates to stimulate an interim of rebound of bulk commodity
7:43 AM
Cut interest rates to stimulate an interim of rebound of bulk commodity

Your cable evening, the people's bank of china decided and had down adjusted financial institution RMB to place to lend money reference frame interest rate since June 8, 2012.The financial institution annum expects to deposit reference frame interest rate to down adjust 0.25 percentage points, the annum expects to lend money reference frame interest rate to down adjust 0.25 percentage points.

  After cutting interest rates to release, whole line in bulk commodity market in the world rebound, among them the United States crude oil indes quickly pull to rise to USD 86.72/barrel from USD 85.56/barrel wholesale oakley sunglasses, previous period repay bear way boundless commodity market in a short instant for of boil.

  The outside pan forward market straightly soars

  Notify in your cable central bank in china the news of interest rates cut just on releasing, initiative in the global bulk commodity market commits a response.Imprimis, look with the beautiful crude oil indes, the indes early previous fall into an USD 85.56/barrel front line, thereupon soared in a row from the bit, up to Peking time 19:31, soared to USD 86.69/barrel , few mnses of adjustment after, 19:55, the beautiful crude oil indes again rises into USD 87.21/barrel , the rise is more than 1.4%.

  Meanwhile, the whole oversea commodity market completely presents the power of boil, but before Chinese central bank interest rates cut, many specieses still present the situation of falling.

  In metal species, up to Peking time 18:56, the Lun actinium indes is USD 7386.75/tn, 19:25, have already risen into USD 7449/tn;The same period Lun aluminium indes rebounds into USD 1987.75/tn from USD 1980/tn;Lun zine indes then from USD 1880/tn, rise into USD 1901.5/tn.

  On article in the farm on the market, the beautiful bean indes is all the way as well Gao Ge, the indes from 1340 cents/bl., up to 20:05, the indes has already risen into 1351.3 cents/bl., the rise is 1.67%.And the soy-bean oil market also welcome the hightest rise, the rate rises into 50.18 cents/ per lb from 49.76 cents/ per lb, the rise temporary closes 0.92%.

  Up to Peking time 20:08, after the local central bank notifies wholesale oakley aviator sunglasses an interest rates cut, oversea bulk commodity market almost the whole lineses turn over red.

  Industry insider points out that market in the bulk commodity market doesn't forget the churning to"Chinese demand", the inland cuts interest rates in the short run the benefit is good vs the commodity market shape, and interest rates cut behind vs liquidity in the world in the future acquit further, will also help the countercharge situation of pushing the commodity price to some extent.see more:New Era Hat Collection and 59FIFTY Fitted Hat Collection
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