February 1st, 2010

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Forex - in the European session

Monday, February 1st, 2010

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 35.55 points (-0.60%) and at the level of 5883.00. Index of the London Stock Exchange Futsi 100 (FTSE 100) fell 25.70 points (-0.47%) and at the level of 5468.69. The March futures on the index S & Pi 500 (SP 500) on Globex (Globex) fell by 4.1 points and is 1128.2. Opening of the American stock indexes are now expected to bottom.

The euro /dollar fell on the European session to the level of 1.4261, a minimum of 4 January. The negative impact on the euro against the dollar has fall in cross-rate euro /pound, and today"s weak data from Germany.

index of business expectations of the German Center for Economic Research (ZEW economic expectations index) in Germany in January 47.2 (forecast 49.5, the previous value of 50.4). Factor out significantly worse prognosis and reached the lowest level since July last year.

The euro /pound fell to 0.8728 marks, its lowest since September 11, 2009. Support for the pound has information about buying an American company Kraft Foods UK-based Cadbury for 11.5 billion pounds, as well as today"s data which showed an increase in inflation in the UK.

The euro continues to remain under pressure due to investor concern about the difficult situation with the budget deficit in Greece. Click to continue »

Posted in Scenario and forecasts | No Responses »

President entrusted the North Caucasus Alexander Khloponin

Monday, February 1st, 2010

 
  
 
 
  19.01.10 17:40 ;
 

President Dmitry Medvedev agreed on the establishment of the North Caucasus federal district. The post of Deputy Prime Minister and presidential envoy in the district is appointed Alexander Khloponin, who served as governor of the Krasnoyarsk Territory since 2002.

North Caucasus Federal District stands out from the Southern Federal District. President"s Plenipotentiary in the Southern Federal District Vladimir Ustinov is. The new district will include the Republic of Daghestan Republic of Ingushetia, Kabardino-Balkar Republic, Republic of Karachay-Cherkessia, Republic of North Ossetia-Alania, Chechnya and Stavropol Territory in the center of the Federal District in the town of Pyatigorsk. Told Dmitry Medvedev at a meeting with the governor of Krasnoyarsk. According to the President, today he signed a decree appointing Alexander Khloponin Deputy Prime Minister of Russia, together with the acceptance of his resignation from his post as governor of Krasnoyarsk region, while the appointment of an authorized representative of the President of Russia in the North Caucasus federal district. As President, there will be a unique situation where one person is the Deputy Prime Minister of Russia, and the President"s representative.

"In your hands are the powers of economic order, the powers associated with the duties of vice-chairman of the Government of Russia, on the other hand, the powers associated with the discharge of the duties of the presidential vertical, that is, those powers which are traditionally belong to the representative of the President of the Federal County - Human Resources, working with law enforcement bodies and all those other issues, which are administered by the authorized representative "- the president said. Click to continue »

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