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

Thursday, June 14, 2012

More liquidity lifted global stocks & commodities

Rumours of more liquidity into the markets by major central banks  after the Greek election  lifted equities and commodities..
Aussie dollar broke above parity trading today at 1.002
Gold held onto its gain to trade at USD 1625 on speculation that the FOMC meet next week will bring QE on the table ...

However price of CPO fell further to USD 855 ...

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