Friday 27 May 2011

Traders: how will the prices of meat change at stock exchange?

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Stock exchange news. The prices of cattle continue to fall, the seasonal tendency lasts. Last Friday a very “hospitable” report on heard condition “Cattle on Feed” was released. It put the prices under additional pressure.

 

Currently June futures bargains below the price level of spot market, which signals about a descending tendency. Additional pressure is provided by strong dollar and liquidity of long positions to non-commercial traders.

Who will become the new head of IMF: thoughts and expectations

News of Europe. Worlds news media have informed that on Thursday, May 19, the managing director of International Monetary Fund Dominique Strauss-Kahn, who is currently under arrest in New York, announced his intention to quit his post. This step of the influential financial expert could be easily predicted. Expert community had no doubts about imminent resign of the present head of IMF from the moment of his custody in Kennedy airport.