This intervention is a game changer for many commodities/equities and currencies.......It's the day to have a rethink. Liquidity problems over but fundamentals the same...ECB rate cut would be the iceing on the cake?
Current/recent US Data shows that the USA is actually in pretty good condition. We could see the rally in the S&P uptil Xmas.
I saw the black fork this morning but dismissed it as a day-dream.... after all It's CL was 100 basis points away and the UMLP 200 basis points!!!
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