There were a couple of great free money opportunities today.
The first arrived at around 1pm UK time – news came out that online bookie / exchange Betfair had paid out on any “No” Scottish referendum bets… I guess this was mostly a promotional thing, but it provided some upwards impetus to 6B.
The big one came a few hours later… CNY500 billion additional QE thanks to the Peoples Bank of China. Well, you could have bought almost anything – and you didn’t need to be particularly quick either.
Anyway, Aussie dollar or Gold futures would have been a fine choice…
