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• BHP Billiton, ExxonMobil to Expand Longford Gas Plant for $1B for Cleaner Fuel
• Weekly Fundamentals - Reaction of Fed's QE Expansion Short-lived
• Natural-Gas Prices Near Seven-Week Lows

Financial markets strengthened after the FOMC meeting. As expected the Fed expand the size of asset purchases by US$45B as Operation Twist expires by the end of the month. Moreover, the central bank surprisingly agreed to replace the prior date-based guidance by economic thresholds after the asset purchase program ends. Wall Street mixed with the DJIA losing -0.02% while the S&P 500 index gaining +0.04%. Commodities rose with the front-month contract for WTI crude oil adding +1.14% while Brent crude jumping to a 5-day high of 110.50 before settling at 109.5, up +1.38%. Gold soared to 1725, the highest level in a week, before ending the day at 1717.9, up +0.49%.

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