Federal Reserve Move Hits Commodities Hard

IBTimes reported  global equities were pummeled and commodities fell after the Federal Reserve’s move to boost U.S. growth lifted the dollar.

The market news is quoted as saying,

Palladium fell to its lowest price in 10 months and U.S. palladium futures lost nearly 6 percent in their biggest one-day slide in six months after a key measure of Chinese manufacturing showed factory activity in the world’s top commodity consumer contracted for a third month in a row.

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