Global stocks rallied after Fed leaders indicated US easing won't be tapered anytime soon, while commodities trended down.

Two Fed speakers came out overnight and pretty much hosed down any chance that QE would be withdrawn or tapered in the near term. Both St Louis Fed President James Bullard and New York Fed President William Dudley are voters, Dudley part of Ben Bernanke’s inner circle. The general tone presented was very similar to another very dovish FOMC member, Chicago Fed head Charles Evans.


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