Commodity Stocks Rally After Shanghai Bounce
February 10, 2011 at 11:15 AM EST
Last night, the important Shanghai Index rallied higher by 1.59 percent. This rally in the Chinese market comes despite the Chinese central bank increasing the benchmark interest rate by 25 basis points on February 9th, 2011 to fight the high inflation that the country is experiencing. Historically, whenever a central bank has raised interest rates [...]