DislikedEnd Of QE?
The minutes or the fed meeting revealed a discussion to move away from linking the continuation of QE to the improvement of employment figures. In short QE could finish a lot earlier than than thought. If no extra clarification is given to negate this statement or to water it down the matket is qualified to start to price it in. This will mean strength for the $ and weakness for almost all the other asset classes like commodities, stocks and bonds.
OluIgnored
Gold - Down
PA - Down
PL - Down
Oil - Down
CAD - Down
AUD - Down
Could see some hefty moves over the next while. COT Fundamentals support this view also