# MORNING VIEW: More liquidity from US Federal Reserve underpins markets, but are they tiring? - Fastmarkets

> Base metals were mostly firmer on July 30 in the wake of the Fed meeting, which provided more liquidity but made no major policy changes. Copper traded near $6,475 per tonne on the LME, and gold prices were slightly lower across the board.

- Date: 2020-07-30 · published 2020-07-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/52029-morning-view-more-liquidity-from-us-federal-reserve-underpins-markets-but-are
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Routine base-metals commentary with a dollar-weakness backdrop; it has little direct bearing on feed grain or protein supply and prices.

## Read by commodity

- DXY: neutral

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/morning-view-more-liquidity-from-us-federal-reserve-underpins-markets-but-are-they-tiring/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.