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post: PBoC Sets Yuan Mid-Point At 7.1077 / Dollar Vs Last Close 7.2377
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From coffee to cocoa, orange juice to gold, and silver to copper, commodity prices are spiking across the board (we outlined this on Monday). The latest surge occurred Tuesday when aluminum tagged 23-month highs due to ongoing production issues emerging from Australia. The broad-based commodity rally signals the inflation storm central bankers are battling ...