Goldman raises S&P forecast to 1060

Goldman Sachs raised their S&P forecast for year-end to 1060. S&P earnings will rise to $52 this year and $75 next year, Goldman says.

EUR/USD has firmed up on the call, now at 1.4230.

AUD/USD is posied just below resistance at 0.8140/50 on the reflation-friendly Goldman call.