Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, April 4, 2012

Global equities retreat further after Fed minutes

Global equites and commodities fell sharply after release of FOMC minutes suggest that no further easing is in the pipeline.

Commodity currency Aud and precious metal gold continues to
slide while USD rose against all majors.
Aud was seen at 1.025 USD within a descending channel.
Gold plunges to 1615 USD ...

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