These policy announcements, by themselves, do not necessarily ensure that economic growth will accelerate and that metal demand will expand. However, from the standpoint of commodity market investors, who have been absent since May, these policies change the perception around both the future value of the euro (and, by association, the US dollar) and the rate of global economic growth. In terms of the euro, the ECB's decision to create a sovereign debt bailout fund could not have occurred without the approval of EU governments.
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