from Dan Norcini:
The wire services are reporting this morning that the European Central Bank is considering a plan to purchase corporate debt as part of a response to the Eurozone’s sluggish growth. That has pushed the Euro sharply lower and the Dollar higher by consequence but commodity buying is being seen regardless.
Copper, silver and gold are all higher and even crude oil has firmed. Equities of course love that news. Even the grains are moving higher.
More volatility, more uncertainty and more factors for traders/investors to now digest.
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