KEN BALL
PI FINANCIAL CORP.
WINNIPEG, MB, CANADA
1-800-661-0298
KBALL@PIFINANCIAL.COM
MORNING GRAIN/OILSEED & LIVESTOCK COMMENTS
Monday, December 14, 2015
OVERNIGHT FINANCIAL SITUATION
> Crude oil sliding under the $35 mark this morning, and
under increasing selling pressure from long liquidation.
Even the news that there is a significant chance that the US
may lift the long standing oil export ban has not helped the
market.
> FOMC meetings this week, and the market is 95% certain
that they will announce the most talked about interest rate
hike in history. Everyone knows its coming, so you would
expect little reaction when it is finally announced, but of
course there will always be some volatility.
PI FINANCIAL CORP.
WINNIPEG, MB, CANADA
1-800-661-0298
KBALL@PIFINANCIAL.COM
MORNING GRAIN/OILSEED & LIVESTOCK COMMENTS
Monday, December 14, 2015
OVERNIGHT FINANCIAL SITUATION
> Crude oil sliding under the $35 mark this morning, and
under increasing selling pressure from long liquidation.
Even the news that there is a significant chance that the US
may lift the long standing oil export ban has not helped the
market.
> FOMC meetings this week, and the market is 95% certain
that they will announce the most talked about interest rate
hike in history. Everyone knows its coming, so you would
expect little reaction when it is finally announced, but of
course there will always be some volatility.
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