Every currency traded in Forex is influenced by the conditions in its country of origin, and the external relations that affect its value. Economic Indicators (GDP growth, import/export trade accounts), social factors (unemployment rate, real estate market conditions) and the country’s central bank policy are the factors that determine the currency value in the Forex market. Each one of the six major currencies has its particularities, and we are going to analyze the fundamentals that drive the currencies individually.
The U.S. dollar (USD) is the most traded currency in the Forex market. It is also used as a measure to evaluate other currencies and commodities. The reserves in USD are by far the largest being held by different nations, and they compose 64% of the world reserves. Globally speaking, the fundamentals that drive the U. S. Dollar are several. Since the largest amount of metallic commodities and the oil are mostly traded with prices in USD, significant demand variations in these markets will reflect directly on the currency value, as it happened in 2008 with the EUR/USD reaching 1.60, being the oil price a big contributor for this event. In the domestic market, the biggest factor that has been moving the dollar are the industry indicators and the real estate boom, and both were caused by an unsustainable credit system which could not be paid, causing a domino effect in the United States economy, and consequently, worldwide. During the last few years, the USD has been losing ground for other currencies, thanks to the credit bubble, and erroneous social policies, but it will still remain as one of the most powerful currencies for an undetermined period of time.
The euro (EUR) is by far the newest currency traded among the major pairs traded on Forex markets. It is used by 16 European Union member countries and it tends to enlarge during the next few years. The fundamental factors that move the Euro are often based on the strongest economies using the new common currency, such as: France, Italy and mainly Germany. The countries’ indicators regarding export trade, inflation and unemployment rate tend to have a high impact on the EUR movements, considering that countries such as Germany are larger exporters of manufactures and technology. Europe still remains an energy dependant from the Russian gas and the Middle Eastern Oil, making higher demands for these commodities to have a negative reflect on the European Union common currency.
The pound sterling (GBP) is the national currency of the United Kingdom, and the fundamental factors that move it are as complex and variable as the British economy and its global influence. The London commodity market plays a fundamental role in the GBP trends, being a reference for oil and gold trading. Nevertheless, as a powerful and globally dynamic economy, the United Kingdom indicators, social situation and the housing sector are perhaps the main determinant factors for the GBP price. Lately, the British economy has faced inflation issues, which led the interest rates to be cut, industrial recession, and other domestic factors that made the trading movements to naturally flow from the GBP towards other strong economically backed currencies, such as the EUR.
The Japanese yen (JPY) is the strongest and by far the most traded currency in the Asian market. Japan’s economy is mainly orientated to the industrial production exportation, and the economic situation of its main commercial partner, the USA, tends to have a direct influence on the JPY market. The JPY is a low-yield currency, being the GBP/JPY the most volatile pair traded on Forex, usually the scalper’s favorite one.
Switzerland is a small country located in the European Alps, yet, its strong international trade and money influx, made the Swiss franc (CHF), one of the main currencies traded on Forex. The CHF is often preferred by low yield investors. In times of financial instability, such as for the last years with the USD, many traders choose the CHF as a safe investment. The CHF trends can be often compared to those of the gold, increasing their value while other markets’ tends to depreciate during economic downturns.
The Canadian Dollar (CAD) faces a similar situation with the other commodity currencies, being majorly an export-dependable. Most of the Canadian production is exported to the USA. Facing the very same credit bubble problem that dragged America into recession, Canada has to deal also with a decreasing demand for all commodities. The CAD usually correlates positively with the prices for the all commodities.
Friday, November 20, 2009
EUR/USD Forms Doji This Week
I’ll try to cover the latest fundamental reports from the U.S. economy that affected the EUR/USD pair this week. Today, the dollar is losing against the euro, but overall week is almost a perfect doji candle with a lower spike being a bit longer than the upper one. The weekly high for EUR/USD lies near 1.4376 and the low — near 1.4176. Currently it’s trading near 1.4306.
Nonfarm payrolls were reported today, showing a loss of 216k in August, following 276k decline in July. The forecasts expected 230k drop. The overall unemployment rate went up to 9.7% — up from 9.4%.
Other important reports this week included:
Chicago PMI business barometer index jumped up from 43.4 to 50.0 in August. It was expected to grow to 48.0.
ISM PMI index rose from 48.9% to 52.9% in August. This increase exceeded the forecasted growth to 50.5%.
Pending home sales index rose by 3.2% in July after advancing by 3.6% in June. Only 1.5% change was expected to be reported according to the analysts’ forecast.
Construction spending report disappointed traders with the monthly change for July at -0.2% after 0.3% growth a month earlier and zero change expectation.
ADP employment report showed a decrease by 298k workplaces in August, which is not that bad after 360k loss in July, but nevertheless the forecasts were pointing at -260k change.
Thanks to the extensive optimization of their business processes by the companies, the nonfarm productivity increased at an annual rate of 6.6% in the second quarter of 2009, which is better than 6.4% released in the preliminary report.
Factory orders rose by 1.3% in July, coming higher than 0.9% gain in June, but falling short of 2.2% estimated by the market analysts.
Crude oil inventories decreased by 0.4 million barrels during the last week, while the total motor gasoline inventories dropped by 3 million barrels during the same period.
Initial jobless claims were at 570k last week — down from 574k during the week before that. The market participants expected a 560k value.
ISM non-manufacturing index rose from 46.4% to 48.4% in August. The forecast value was quite close — at 48.2%.
Nonfarm payrolls were reported today, showing a loss of 216k in August, following 276k decline in July. The forecasts expected 230k drop. The overall unemployment rate went up to 9.7% — up from 9.4%.
Other important reports this week included:
Chicago PMI business barometer index jumped up from 43.4 to 50.0 in August. It was expected to grow to 48.0.
ISM PMI index rose from 48.9% to 52.9% in August. This increase exceeded the forecasted growth to 50.5%.
Pending home sales index rose by 3.2% in July after advancing by 3.6% in June. Only 1.5% change was expected to be reported according to the analysts’ forecast.
Construction spending report disappointed traders with the monthly change for July at -0.2% after 0.3% growth a month earlier and zero change expectation.
ADP employment report showed a decrease by 298k workplaces in August, which is not that bad after 360k loss in July, but nevertheless the forecasts were pointing at -260k change.
Thanks to the extensive optimization of their business processes by the companies, the nonfarm productivity increased at an annual rate of 6.6% in the second quarter of 2009, which is better than 6.4% released in the preliminary report.
Factory orders rose by 1.3% in July, coming higher than 0.9% gain in June, but falling short of 2.2% estimated by the market analysts.
Crude oil inventories decreased by 0.4 million barrels during the last week, while the total motor gasoline inventories dropped by 3 million barrels during the same period.
Initial jobless claims were at 570k last week — down from 574k during the week before that. The market participants expected a 560k value.
ISM non-manufacturing index rose from 46.4% to 48.4% in August. The forecast value was quite close — at 48.2%.
EUR/USD Gains for 4th Day on Continuing Optimism
The euro is currently showing a small daily gain against the U.S. dollar — its fourth bullish daily candle this week. The series of the better-than-expected or just good macroeconomic reports from the developed economies increases the attractiveness of the euro and other riskier assets as the investment medias. Today EUR/USD set its new highest level since September 25th, 2008. Currently it’s trading near 1.4718.
Building permits annual number rose from 564k to 579k in August. Housing starts increased from 589k to 598k during the same period. The housing starts were expected to gain to 595k.
Initial jobless claims went down from 557k to 545k last week. They declined even faster than the forecast — 561k.
Phildaphia Fed index increased from 4.2 to 14.1 in September. This index indicates the manufacturing activity in the region.
Yesterday, some other important fundamental reports were released in the United States:
August’s CPI was reported with a monthly change at 0.4%, which followed an unchanged value of the consumer price index in July and was slightly better than 0.3% increase in the forecasts.
The preliminary report for the current account balance showed a deficit of $98.8 billion in the second quarter of 2009 — down from $104.5 billion. It’s lowest value of the deficit since Q4 2001. Forecasts by the economic strategists predicted a fall to $92.0 billion.
Net foreign purchases of the U.S. long-term securities were at $15.3 billion in July after $90.2 billion in June. Expected purchases value was near $60 billion.
Industrial production and capacity utilization both improved in August considerably. Industrial production went up by 0.8% after 1.0% gain a month before and 0.6% forecasts. Capacity utilization went up from 69.0% to 69.6%.
Commercial crude oil inventories decreased by 4.7 million barrels compared to the previous week in U.S. Total motor gasoline inventories increased by 0.5 million barrels during the same short period.
Building permits annual number rose from 564k to 579k in August. Housing starts increased from 589k to 598k during the same period. The housing starts were expected to gain to 595k.
Initial jobless claims went down from 557k to 545k last week. They declined even faster than the forecast — 561k.
Phildaphia Fed index increased from 4.2 to 14.1 in September. This index indicates the manufacturing activity in the region.
Yesterday, some other important fundamental reports were released in the United States:
August’s CPI was reported with a monthly change at 0.4%, which followed an unchanged value of the consumer price index in July and was slightly better than 0.3% increase in the forecasts.
The preliminary report for the current account balance showed a deficit of $98.8 billion in the second quarter of 2009 — down from $104.5 billion. It’s lowest value of the deficit since Q4 2001. Forecasts by the economic strategists predicted a fall to $92.0 billion.
Net foreign purchases of the U.S. long-term securities were at $15.3 billion in July after $90.2 billion in June. Expected purchases value was near $60 billion.
Industrial production and capacity utilization both improved in August considerably. Industrial production went up by 0.8% after 1.0% gain a month before and 0.6% forecasts. Capacity utilization went up from 69.0% to 69.6%.
Commercial crude oil inventories decreased by 4.7 million barrels compared to the previous week in U.S. Total motor gasoline inventories increased by 0.5 million barrels during the same short period.
E-Global Trade & Finance — Forex Broker with Liberty Reserve
Today I’ve added another Forex broker to the site — E-Global Forex. It’s not a new broker (they’ve been on-line since 2007) and they also have a rather popular IB company working for them — Forex4you (which has some additional features compared to E-Global). Apart from the standard Forex trading accounts that start from $100, E-Global offers cent accounts that have only $20 minimum and allow trading with positions as small as 10 base currency units (0.0001 lots). It’s a broker with MetaTrader 4 platform. Other highlights of this broker include:
* Sharia-compliant accounts on request
* Leverage from 1:10 to 1:500
* Small yearly interest on account balance (applied monthly)
* Regulated on BVI but offices based in Cyprus
* Deposit via Liberty Reserve, credit card and wire transfer
* Forex, CFD, gold and oil trading
* Sharia-compliant accounts on request
* Leverage from 1:10 to 1:500
* Small yearly interest on account balance (applied monthly)
* Regulated on BVI but offices based in Cyprus
* Deposit via Liberty Reserve, credit card and wire transfer
* Forex, CFD, gold and oil trading
EUR/USD Down After FOMC Claims
EUR/USD managed to reach its new high level since late September 2008 and then went down below the daily open level today. The FOMC decision played the major role in today’s decline of the euro against the U.S. dollar. Currently EUR/USD is trading near 1.4764 after reaching as high as 1.4842 earlier today.
U.S. Federal Reserve decided to leave the interest rate unchanged between 0% and 0.25% but slowing down the purchase of the mortgage securities and the agency debt. The statement from the Fed also included a claim that the economical output is expected to be very low for an ”extended period”, while the changes in the monetary policy are expected to be made at the end of the first quarter of 2010.
Crude oil inventories increased for the first time in several weeks — by 2.8 million barrels during the week ending September 18. During the same time total motor gasoline inventories went up by 5.4 million barrels. Such a growth of the inventories have put a great pressure on the oil prices globally.
A minor market indicator was released this Monday — Leading Economic Indicators index increased by 0.6% in August, following 0.9% gain in July. The index was expected to rise by 0.7% in August.
U.S. Federal Reserve decided to leave the interest rate unchanged between 0% and 0.25% but slowing down the purchase of the mortgage securities and the agency debt. The statement from the Fed also included a claim that the economical output is expected to be very low for an ”extended period”, while the changes in the monetary policy are expected to be made at the end of the first quarter of 2010.
Crude oil inventories increased for the first time in several weeks — by 2.8 million barrels during the week ending September 18. During the same time total motor gasoline inventories went up by 5.4 million barrels. Such a growth of the inventories have put a great pressure on the oil prices globally.
A minor market indicator was released this Monday — Leading Economic Indicators index increased by 0.6% in August, following 0.9% gain in July. The index was expected to rise by 0.7% in August.
UK Economy UK Economic Profile, British Economy, United Kingdom Economy
During the days of the British Empire the UK economy was the largest in the world and the first to industrialise (or industrialize, ushering in the Industrial Revolution). Although it has declined in significance since, the UK is still the sixth largest economy in the world by purchasing power parity.
It is a member of the G7 (now expanding to the G8 and G20), the European Union (although not the European Economic and Monetary Union -EMU – or Euro) and the OECD (Organisation for Economic Cooperation and Development). It is also the founding member of the Commonwealth, the association formed by former British Empire states.
The British Economy is one of the most globalised (or globalized) economies in the world, thanks in no small part to the City of London, considered to be the largest financial center in the world.
The economy of the United Kingdom of Great Britain includes the economies of England, Scotland, Wales and Northern Ireland. The Isle of Man and the Channel Isles are part of the British Isles and have offshore banking status.
The Bank of England had cut interest rates to 1.0 per cent by the end of 2008, and that is expected to drop to 0.5 per cent for most of 2009 and 2010.
UK budget deficit stood at 5.3 per cent of GDP in 2008. With economic stimulus packages and bank bailouts being worked on, that is expected to balloon to 11.3 per cent of GDP in 2009 and 13 per cent of GDP in 2010.
In 2008, the UK had the 43rd largest relative national public debt, at 47.2 per cent of GDP. This figure could rise to 58.5 per cent of GDP by 2009 and 70 per cent of GDP in 2010, thanks to the projected budget deficits of 2009-2010.
Inflation had ramped up to 3.6 per cent in 2008, but has dropped back with the economic collapse and is expected to be 0.4 per cent in 2009 and 0.8 per cent in 2010. It had the 58th lowest inflation rate in the world at end 2008.
The 3-month Treasury rate has similarly dropped, from 5.5 per cent in 2008 to an expected 1.3 per cent in 2009 and 2010.
The unemployment rate had reached 6.3 per cent in the UK by the end of 2008 according to the Office of National Statistics, reaching close to 2 million unemployed. This figure is likely to grow to the 2.5 million – 3 million figures, or 8-10 per cent.
The UK has the third highest current account deficit in the world of US$186 billion. It has a large trade deficit in manufacturing and has become a net importer of energy and North Sea extraction declines. It runs $468.7 billion of exports (9th in the world export rankings) and $654.7 billion of imports (6th in the world).
It was the 2nd largest recipient of foreign direct investment (FDI) in 2007 (although the figure has dropped since), and one of the most competitive in Europe for business and tax.
It is a member of the G7 (now expanding to the G8 and G20), the European Union (although not the European Economic and Monetary Union -EMU – or Euro) and the OECD (Organisation for Economic Cooperation and Development). It is also the founding member of the Commonwealth, the association formed by former British Empire states.
The British Economy is one of the most globalised (or globalized) economies in the world, thanks in no small part to the City of London, considered to be the largest financial center in the world.
The economy of the United Kingdom of Great Britain includes the economies of England, Scotland, Wales and Northern Ireland. The Isle of Man and the Channel Isles are part of the British Isles and have offshore banking status.
The Bank of England had cut interest rates to 1.0 per cent by the end of 2008, and that is expected to drop to 0.5 per cent for most of 2009 and 2010.
UK budget deficit stood at 5.3 per cent of GDP in 2008. With economic stimulus packages and bank bailouts being worked on, that is expected to balloon to 11.3 per cent of GDP in 2009 and 13 per cent of GDP in 2010.
In 2008, the UK had the 43rd largest relative national public debt, at 47.2 per cent of GDP. This figure could rise to 58.5 per cent of GDP by 2009 and 70 per cent of GDP in 2010, thanks to the projected budget deficits of 2009-2010.
Inflation had ramped up to 3.6 per cent in 2008, but has dropped back with the economic collapse and is expected to be 0.4 per cent in 2009 and 0.8 per cent in 2010. It had the 58th lowest inflation rate in the world at end 2008.
The 3-month Treasury rate has similarly dropped, from 5.5 per cent in 2008 to an expected 1.3 per cent in 2009 and 2010.
The unemployment rate had reached 6.3 per cent in the UK by the end of 2008 according to the Office of National Statistics, reaching close to 2 million unemployed. This figure is likely to grow to the 2.5 million – 3 million figures, or 8-10 per cent.
The UK has the third highest current account deficit in the world of US$186 billion. It has a large trade deficit in manufacturing and has become a net importer of energy and North Sea extraction declines. It runs $468.7 billion of exports (9th in the world export rankings) and $654.7 billion of imports (6th in the world).
It was the 2nd largest recipient of foreign direct investment (FDI) in 2007 (although the figure has dropped since), and one of the most competitive in Europe for business and tax.
Dutch Bankers’ Code To Limit Bonuses Next Year
The Netherlands Bankers’ Association, or NVB, will implement a code of conduct for banks next year that will limit the level of bonuses awarded and strengthen corporate governance, the association said Wednesday.
According to the Code for Banks, bonuses for board members may not exceed their fixed income by more than 100%. The code also determines that bonuses can be reclaimed, “if long term targets will not be met,” NVB spokesman Kees Verhagen said to Dow Jones Newswires. “This also means that in practice bonuses will often be paid in terms related to achieved targets and not all at once in advance anymore”, he added.
The code also requires strengthening of governance, risk management and auditing for banks.
NVB said that the code will apply from Jan. 1, 2010, and banks must report on the implementation of the code’s regulations in their annual reports.
NVB, with almost 100 member banks, said an independent commission will monitor the implementation of the Code for Banks.
“The members of this commission will be appointed in close consultation with the Dutch Ministry of Finance”, Verhagen said. Shareholders and supervisory boards will also play an important role in monitoring the compliance of the code, he said.
According to the NVB spokesman, the Dutch Code for Banks anticipates a discussion of bankers’ bonuses at the summit of leaders from the Group of 20 industrial and developing nations in Pittsburgh later this month.
According to the Code for Banks, bonuses for board members may not exceed their fixed income by more than 100%. The code also determines that bonuses can be reclaimed, “if long term targets will not be met,” NVB spokesman Kees Verhagen said to Dow Jones Newswires. “This also means that in practice bonuses will often be paid in terms related to achieved targets and not all at once in advance anymore”, he added.
The code also requires strengthening of governance, risk management and auditing for banks.
NVB said that the code will apply from Jan. 1, 2010, and banks must report on the implementation of the code’s regulations in their annual reports.
NVB, with almost 100 member banks, said an independent commission will monitor the implementation of the Code for Banks.
“The members of this commission will be appointed in close consultation with the Dutch Ministry of Finance”, Verhagen said. Shareholders and supervisory boards will also play an important role in monitoring the compliance of the code, he said.
According to the NVB spokesman, the Dutch Code for Banks anticipates a discussion of bankers’ bonuses at the summit of leaders from the Group of 20 industrial and developing nations in Pittsburgh later this month.
GLOBAL MARKETS: European Stocks Drop; Time To Take Profits
European stocks were marginally lower Wednesday, as investors consolidated profits, particularly in basic resources after three successive sessions of gains.
“There may be some nervousness as investors consider the strength of the rally since March, but we expect the market to be supported by further positive earnings surprises and estimate revisions,” said Simon Goodfellow, equity strategist at ING.
So although the market has edged lower Wednesday, “we stick with our positive view of European equity markets.”
While mining stocks were sold off the auto sector surged higher, helped by equity rating upgrades.
The market was also waiting for an update from General Motors (GM) regarding the future of Adam Opel GmbH, with the American auto giant weighing up several options.
At 0805 GMT, the pan-European Stoxx 600 declined 0.3% to 237.1. London’s FTSE 100 index was down 0.2% at 4937, Frankfurt’s DAX index fell 0.3% to 5462, and the CAC-40 index in Paris lost 0.3% at 3650.
The auto sector was the stand-out sector, with the Stoxx Europe automobiles index up 1.2%. BMW (BMW.XE) increased 4.8% after equity rating upgrades from Royal Bank of Scotland and Morgan Stanley and a higher price target from Credit Suisse. Daimler (DAI) was up 2.2% after RBS raised its price target. Also Renault (RNO.FR) gained 4.3% after a positive interview in Le Figaro with management suggesting that the worst is over.
On day two of General Motors’ board meeting, an Opel representative warned that if General Motors opts to retain the unit, it would incur costs of $3.8 billion over the first 12 months. Other options include selling control of Opel to either Magna International (MGA) or RHJ International (RHJI.BT) or liquidating it.
Elsewhere, M&A continued to be a feature for European stocks. French media-to-telecom conglomerate Vivendi slipped 0.9% after it launched a EUR2 billion offer for Brazilian telecoms operator GVT Holding. This comes just two months after Vivendi halted talks with Zain to acquire a majority stake in its African telecommunications activities.
On Tuesday, the announcement of the merger of Deutsche Telecom’s (DT) and France Telecom’s (FTE) U.K. mobile units was being seen as a positive sector catalyst for telecom services, said a note by Cheuvreux.
Earlier, Asian stock markets were largely lower, with the key Japanese index dragged lower by concerns about further yen strength. Commodity and energy-related stocks bucked the trend, however, on stronger oil and metals prices.
Japan’s Nikkei 225 closed down 0.8% and South Korea’s Kospi Composite was off 0.7%. Hong Kong’s Hang Seng Index was 0.9% lower, but the Shanghai Composite ended up 0.5%.
Investors in Tokyo moved to lock in profits on automakers, electronics firms and other exporters, wary of the yen’s appreciation against the dollar.
Overall, sentiment was not helped by gains on Wall Street. The Dow Jones Industrial Average closed up 0.6% at 9497.3, gaining for the third straight session. The DJIA is up 45% from its 2009 low on March 9.
Helping push the index higher was another round of buying in several types of commodities including gold, silver and oil.
The Nasdaq Composite tacked on 0.9% to 2037.8, hitting its highest close since Oct. 1. The Standard & Poor’s 500 rose 0.9% to 1025.4, including more than 1% gains for energy, materials, industrial and consumer discretionary companies.
The spike in commodities continued Wenesday. October Nymex crude oil futures contract was last up 14 cents at $71.24 per barrel, after surging $3.08 or 4.5% in New York Tuesday. Spot gold was last seen at $997.75 a troy ounce, just below the key $1000/oz level.
In the foreign exchanges, the majors were trading in very tight ranges as traders looked for clear direction after the dollar’s losses Tuesday.
But earlier, the euro rose to a near nine-month high against the dollar as soaring commodity prices spurred risk appetite. The euro rose to a high of $1.4518. The common currency also briefly hit a 12-day high of Y134.17 against the yen.
At 0830 GMT, the euro was trading at $1.4484, up from $1.4478 in late New York business Tuesday. The dollar was quoted at Y92.53, up from Y92.33.
European government bond markets were marginally higher Wednesday, receiving a boost from the weaker tone on the equity markets. At 0830 GMT, the December bund future was up 0.08 at 121.26. However, the market’s attention was on Germany’s EUR7 billion two-year Schatz auction.
“There may be some nervousness as investors consider the strength of the rally since March, but we expect the market to be supported by further positive earnings surprises and estimate revisions,” said Simon Goodfellow, equity strategist at ING.
So although the market has edged lower Wednesday, “we stick with our positive view of European equity markets.”
While mining stocks were sold off the auto sector surged higher, helped by equity rating upgrades.
The market was also waiting for an update from General Motors (GM) regarding the future of Adam Opel GmbH, with the American auto giant weighing up several options.
At 0805 GMT, the pan-European Stoxx 600 declined 0.3% to 237.1. London’s FTSE 100 index was down 0.2% at 4937, Frankfurt’s DAX index fell 0.3% to 5462, and the CAC-40 index in Paris lost 0.3% at 3650.
The auto sector was the stand-out sector, with the Stoxx Europe automobiles index up 1.2%. BMW (BMW.XE) increased 4.8% after equity rating upgrades from Royal Bank of Scotland and Morgan Stanley and a higher price target from Credit Suisse. Daimler (DAI) was up 2.2% after RBS raised its price target. Also Renault (RNO.FR) gained 4.3% after a positive interview in Le Figaro with management suggesting that the worst is over.
On day two of General Motors’ board meeting, an Opel representative warned that if General Motors opts to retain the unit, it would incur costs of $3.8 billion over the first 12 months. Other options include selling control of Opel to either Magna International (MGA) or RHJ International (RHJI.BT) or liquidating it.
Elsewhere, M&A continued to be a feature for European stocks. French media-to-telecom conglomerate Vivendi slipped 0.9% after it launched a EUR2 billion offer for Brazilian telecoms operator GVT Holding. This comes just two months after Vivendi halted talks with Zain to acquire a majority stake in its African telecommunications activities.
On Tuesday, the announcement of the merger of Deutsche Telecom’s (DT) and France Telecom’s (FTE) U.K. mobile units was being seen as a positive sector catalyst for telecom services, said a note by Cheuvreux.
Earlier, Asian stock markets were largely lower, with the key Japanese index dragged lower by concerns about further yen strength. Commodity and energy-related stocks bucked the trend, however, on stronger oil and metals prices.
Japan’s Nikkei 225 closed down 0.8% and South Korea’s Kospi Composite was off 0.7%. Hong Kong’s Hang Seng Index was 0.9% lower, but the Shanghai Composite ended up 0.5%.
Investors in Tokyo moved to lock in profits on automakers, electronics firms and other exporters, wary of the yen’s appreciation against the dollar.
Overall, sentiment was not helped by gains on Wall Street. The Dow Jones Industrial Average closed up 0.6% at 9497.3, gaining for the third straight session. The DJIA is up 45% from its 2009 low on March 9.
Helping push the index higher was another round of buying in several types of commodities including gold, silver and oil.
The Nasdaq Composite tacked on 0.9% to 2037.8, hitting its highest close since Oct. 1. The Standard & Poor’s 500 rose 0.9% to 1025.4, including more than 1% gains for energy, materials, industrial and consumer discretionary companies.
The spike in commodities continued Wenesday. October Nymex crude oil futures contract was last up 14 cents at $71.24 per barrel, after surging $3.08 or 4.5% in New York Tuesday. Spot gold was last seen at $997.75 a troy ounce, just below the key $1000/oz level.
In the foreign exchanges, the majors were trading in very tight ranges as traders looked for clear direction after the dollar’s losses Tuesday.
But earlier, the euro rose to a near nine-month high against the dollar as soaring commodity prices spurred risk appetite. The euro rose to a high of $1.4518. The common currency also briefly hit a 12-day high of Y134.17 against the yen.
At 0830 GMT, the euro was trading at $1.4484, up from $1.4478 in late New York business Tuesday. The dollar was quoted at Y92.53, up from Y92.33.
European government bond markets were marginally higher Wednesday, receiving a boost from the weaker tone on the equity markets. At 0830 GMT, the December bund future was up 0.08 at 121.26. However, the market’s attention was on Germany’s EUR7 billion two-year Schatz auction.
PPC Advertising
Google AdSense is the most popular option under this category, but there are also others. Basically you need to sign up with the network and paste some code snippets on your website. The network will then serve contextual ads (either text or images) relevant to your website, and you will earn a certain amount of money for every click.
The profitability of PPC advertising depends on the general traffic levels of the website and, most importantly, on the click-through rate (CTR) and cost per click (CPC). The CTR depends on the design of the website. Ads placed abode the fold or blended with content, for instance, tend to get higher CTRs. The CPC, on the other hand, depends on the nice of the website. Mortgages, financial products and college education are examples of profitable niches (clicks worth a couple of dollars are not rare), while tech-related topics tend to receive a smaller CPC (sometimes as low as a couple of cents per click).
The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
List of popular advertising websites:
Google Adsense
Yahoo! Publisher Network (YPN)
BidVertiser
Chitika
Clicksor
The profitability of PPC advertising depends on the general traffic levels of the website and, most importantly, on the click-through rate (CTR) and cost per click (CPC). The CTR depends on the design of the website. Ads placed abode the fold or blended with content, for instance, tend to get higher CTRs. The CPC, on the other hand, depends on the nice of the website. Mortgages, financial products and college education are examples of profitable niches (clicks worth a couple of dollars are not rare), while tech-related topics tend to receive a smaller CPC (sometimes as low as a couple of cents per click).
The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
List of popular advertising websites:
Google Adsense
Yahoo! Publisher Network (YPN)
BidVertiser
Chitika
Clicksor
Monetization Widgets
The latest trend on the web are widgets that let you monetize your website. Examples include Widgetbucks and SmartLinks. Some of these services operate under a PPC scheme, others behave like text link ads, others yet leverage affiliate links.
Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
List of companies that provide monetization widgets:
WidgetBucks
Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
List of companies that provide monetization widgets:
WidgetBucks
RSS Feed Ads
With the quick adoption of the RSS technology by millions of Internet users, website owners are starting to find ways to monetize this new content distribution channel.
Feedburber already has its own publisher network, and you can sign-up to start displaying CPM based advertising on your feed footer. Bidvertiser recently introduced a RSS feed ad option as well, with a PPC scheme.
Related RSS Feed Ads links:
Feedburner
BidVertiser
Feedburber already has its own publisher network, and you can sign-up to start displaying CPM based advertising on your feed footer. Bidvertiser recently introduced a RSS feed ad option as well, with a PPC scheme.
Related RSS Feed Ads links:
Feedburner
BidVertiser
Forex News Trading
Traders on the Foreign Exchange market, Forex market for short, can potentially make thousands of dollars based on the volatility and fluctuations of a country’s currency. To better themselves and have a leading advantage over other traders, some Forex traders and investors participate in a practice known as news trading. The risks are very high, but the potential gains can be worth thousands of dollars and many traders and investors use this technique.
The technique of news trading is quite simple. It is the trading of foreign currency immediately before or after an important economic news announcement. After such announcements, there is a high possibility that market prices will fluctuate, either for the better or worse, depending on the announcement. For example, if the U. S. Federal Reserve announces another increase of the interest rate, many traders might invest in the U.S. dollar as it is expected that its value will appreciate. The main advantage of news trading is the potential for a country’s currency to make huge gains or losses in very little time. Within minutes of an economic announcement, a country’s currency can gain or lose one hundred points almost instantly. The potential of huge profits attracts Foreign Exchange traders and investors, however there are various risks associated with news trading.
Like any investment, there is always a risk, and news trading on the Forex market is no different. Though the potential profits are huge, the losses are also equally as large. The dangers of news trading come from the fact that a trade must be made quickly or else you are going to lose. If you are caught on the bad side of a trade, your money will be gone quicker than you can blink your eye. You will lose money so fast that there won’t even be time for you to manually close your trades, leaving you with nothing. Stop-loss orders are also potentially dangerous as there is a high probability of slippage because of the sudden price fluctuation.
Though some investors and traders might get lucky trading news, there is only a small probability that you will make a profit. Even if you are an expert news trader, you should still be very, very cautious when participating in this practice. Successful news trading depends solely on how you get your news. The most successful news traders are the ones with the fastest news feeds and those that are able to quickly place their trades immediately after an announcement has been made. Even using other forms of news trading, such as placing orders above or below the market price is still a guessing game, and those traders in the market who base their trades on guesses, won’t have much money after a short time.
For many Forex traders and investors, their trades are dictated by technical indicators and price indexes. Hours are spent researching every indicator, taking every risk into account and then making a decision based on everything they have studied. However, for a Forex news trader, none of this matter, and the only thing they take into account is economical news announcements.
News trading is possible because the Forex market is always open, unlike many financial markets. In a financial market, securities trades of certain stocks are suspended when an important company announcement is being made. These announcements are usually made after the market has closed for the day. However, because the Foreign Exchange market is open 24 hours, any economic announcement will have direct affects on the currency of that country, and maybe others as well. In the Forex market, there are eight major currencies that are traded, as well as over seventeen derivatives to be traded as well. This means that on any given day, there will always be economic announcements from any of the major traded currencies. The major trader currencies are as follows:
1. U.S. Dollar (USD)
2. Great British Pound (GBP)
3. Euro (EUR)
4. Japanese Yen (JPY)
5. Australian Dollar (AUD)
6. Swiss Franc (CHF)
7. Canadian Dollar (CAD)
8. New Zealand Dollar (NZD)
Because of the availability of each currency, currency pairs, and its derivatives, such as USD/JPY, EUR/USD, AUD/USD, as well as several others, each currency can be traded at any given time because these currencies are globally traded.
The technique of news trading is quite simple. It is the trading of foreign currency immediately before or after an important economic news announcement. After such announcements, there is a high possibility that market prices will fluctuate, either for the better or worse, depending on the announcement. For example, if the U. S. Federal Reserve announces another increase of the interest rate, many traders might invest in the U.S. dollar as it is expected that its value will appreciate. The main advantage of news trading is the potential for a country’s currency to make huge gains or losses in very little time. Within minutes of an economic announcement, a country’s currency can gain or lose one hundred points almost instantly. The potential of huge profits attracts Foreign Exchange traders and investors, however there are various risks associated with news trading.
Like any investment, there is always a risk, and news trading on the Forex market is no different. Though the potential profits are huge, the losses are also equally as large. The dangers of news trading come from the fact that a trade must be made quickly or else you are going to lose. If you are caught on the bad side of a trade, your money will be gone quicker than you can blink your eye. You will lose money so fast that there won’t even be time for you to manually close your trades, leaving you with nothing. Stop-loss orders are also potentially dangerous as there is a high probability of slippage because of the sudden price fluctuation.
Though some investors and traders might get lucky trading news, there is only a small probability that you will make a profit. Even if you are an expert news trader, you should still be very, very cautious when participating in this practice. Successful news trading depends solely on how you get your news. The most successful news traders are the ones with the fastest news feeds and those that are able to quickly place their trades immediately after an announcement has been made. Even using other forms of news trading, such as placing orders above or below the market price is still a guessing game, and those traders in the market who base their trades on guesses, won’t have much money after a short time.
For many Forex traders and investors, their trades are dictated by technical indicators and price indexes. Hours are spent researching every indicator, taking every risk into account and then making a decision based on everything they have studied. However, for a Forex news trader, none of this matter, and the only thing they take into account is economical news announcements.
News trading is possible because the Forex market is always open, unlike many financial markets. In a financial market, securities trades of certain stocks are suspended when an important company announcement is being made. These announcements are usually made after the market has closed for the day. However, because the Foreign Exchange market is open 24 hours, any economic announcement will have direct affects on the currency of that country, and maybe others as well. In the Forex market, there are eight major currencies that are traded, as well as over seventeen derivatives to be traded as well. This means that on any given day, there will always be economic announcements from any of the major traded currencies. The major trader currencies are as follows:
1. U.S. Dollar (USD)
2. Great British Pound (GBP)
3. Euro (EUR)
4. Japanese Yen (JPY)
5. Australian Dollar (AUD)
6. Swiss Franc (CHF)
7. Canadian Dollar (CAD)
8. New Zealand Dollar (NZD)
Because of the availability of each currency, currency pairs, and its derivatives, such as USD/JPY, EUR/USD, AUD/USD, as well as several others, each currency can be traded at any given time because these currencies are globally traded.
Learn Forex Trading as a Path to Wealth the Same as so Many Before YOU.
The foreign exchange markets are exploding with new investors trying there hand at it from every country on the globe speaking every language known to man. Each and every day without fail, one of those who decided to take there turn at the markets is becoming wealthy. The central trait of those that became rich due to the FX markets is that they took the time and effort to invest in themselves, invest there education and learn Forex trading before investing any money in the markets.The simple fact is, the more you know, the more you're going to make. And if you don't know anything, well then, what does that tell you? There are plenty of websites that provide free learning material in the internet. This is a good place to start if you not sure if you want to pursue the markets with all you heart. The problem is that this information, although it is free and it will not supply you with enough knowledge that will enable you to make money in the markets. It simply is not designed to do that and it does not go into enough detail explaining how to do it and the intricacies involved in the process. The following two currency courses below are easy to learn, simple to trade with and proven money makers. They will not teach you everything there is to know about Forex, only a few uncomplicated techniques you can master with no trouble and be up to speed quickly making money. There names are Forex Trading Made E Z and 10 Minute Forex Wealth Builder.Another great class I like quite a bit is called Hector Trader and it is the trend trading specialist. This one though, is more complicated and will take longer to start making money with. The best comprehensive currency training programs available today that will instruct you on every aspect of the market are named Fap Winner and Straight Forex. If you truly desire to have a long term profitable career in the markets, then it is simply essential you learn Forex trading before you start investing. Above you have been supplied the best of the best currency classes offered online today that cover the entire spectrum of possible avenues to getting started and making money. It does not take long to review there websites and decide for yourself if one of these programs is for you. I ensure you they you will receive good value for your investment and maybe some day in the near future you too could be one of the newly created wealthy thanks to the FX markets. Our staff has studied, examined and appraised all of the top Forex Trading Systems, Currency Trading Software and Forex Platforms. At Trading Forex Review.Com you can find reports on the best of the best Currency Trading Software. We provide an extensive catalog of only the premium Currency Classes and Forex Trading Courses that provide the best currency training that’s available online today, to review them cHEAK OUT.
A Forex Education which Provides Expertise, Comprehension and Know-How are the Keys to Achievement.
Achievement in the currency markets is a great thing, because it means money, money in your pocket, money in your bank account, and most importantly of all, a newly created financial stability for you and your family as well as a new luxurious life style. To acquire those funds you will need an exceptional Forex education which will provide you the knowledge, understanding and expertise to become a lucrative investor and trader in the FX markets.Thankfully, everything you need to know to become profitable in the foreign exchanges markets are skills that can be taught and are skills that can be learned. That is, if you're dedicated, determined and willing to put in the time to study the material and learn it at the uppermost level. There is a ton of free training material on the internet you can look over by doing searches for it using the search engines. Unfortunately, the vast majority of this information is not sufficient for you to comprehend enough of every thing that goes on in the markets at a high enough point to provide a steady income for you. But, it is a good starting point that will supply you with adequate insight to make a decision for yourself if you want to proceed with this venture.If you make the choice to continue full speed ahead, next you will need to invest in yourself and your education by enrolling in a top rated currency course before you even contemplate investing one red cent in the markets A few of my favorites, all of which I have taken and taught me a great deal, are the following; Forex Trading Made E Z, Fap Winner, Straight Forex and Hector Trader.A top tier Forex education can lead to an entire new life style for you, if you let it. But, if you not willing to put in the work to learn everything you're going to need to know, you will be just wasting your time and money. I have been doing this ten to twelve hours a day for almost ten years now, and everyday I make it a point to try and learn just one little new thing that will help me. As my old high school basketball coach used to say, "No Pain, No Gain." Well, that old saying also holds the same meaning in the FX markets. Its all out there for you, you just have to go get it and refuse to let anybody stop you. Trading Forex Reviews.Com provides reports and reviews on the best Forex Trading Systems and Currency Software Trading Systems. To read them for yourselves please go to Top Rated Currency Trading & Investing Product Reviews. We have a long list of only the best Currency Courses and Forex Trading Classes at Free CurrenCY.
Friday, September 18, 2009
Selling Structured Settlements - What is Involved
There are numerous reasons why people choose to sell structured settlements. While it is not usually a good move because of the discount involved in selling structured settlements, there are circumstances where a person might need the lump sum of cash for the structured settlement.
A structured settlement is an arrangement where the beneficiary receives regular payments over an agreed number of years. The most common reasons for the creation of structured settlements are inheritances, lottery winnings, and legal settlements. It benefits both parties because the payee is able to meet their financial obligation while staying afloat financially, and the beneficiary is guaranteed to receive the money they are entitled to.
However, cases arise when the payments are not enough to cover some financial obligation of the receiver. Financial emergencies such as those resulting from a divorce, to meet mortgage needs, medical bills, or for debt repayment are all valid reasons for selling assets including a structured settlement.
There are many complexities to buying and selling structured settlements which is why there are a lot of legal restrictions to help protect the individual from being ripped off by financial companies. A sale will require court or legal approval and as a general guideline, expect a two month turnaround time before the transaction is complete.
It is normal for the buyer to make a profit off the transaction so don't expect to receive the full amount when selling structured settlements. As the seller, you have the right to shop around for the best deal and most regulations require that the seller seek consultation of an independent third party such as an accountant or attorney familiar with such matters.
How to Car Accident Lawyer Legal Advice
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- Reckless and drunk driving is a serious offense and the law treats a car, when it causes injuries, as a dangerous weapon. When victims are injured and killed in drunk driving accidents, the driver can be charged the same as if he or she had attacked their victims with any other weapon, like a gun. A drunk driver who kills a person can be sent to prison for murder. Such dangerous activities as drunk driving and racing are often treated casually by young people, but they do not understand the inherent risks associated with this behavior. Every twelve minutes somebody in the country dies in a car accident.
- If you or somebody you love has been involved in a car accident, either as a driver or as a victim, it is important to seek legal council. Remember, if you are involved in an accident, never to apologize or accept responsibility without consulting a lawyer. Car crashes are scary, but apologizing on the scene can fix the blame on you even if the collision is another driver’s fault. A lawyer can help you work out the necessary paperwork and protect you from accusations and court proceedings. Insurance companies have lawyers protecting their interests, shouldn’t you?
- Finally, do not panic. As drivers become more aware of their responsibilities and car companies develop safer vehicles, the percentage of deaths in car crashes has steadily declined. When combined with safe, responsible driving techniques, such as acknowledging posted speed limits, wearing seatbelts, and going out with designated drivers, these new cars and advanced roadways promise a safer driving experience.
Consult a Car Accident Lawyer With Knowledge of Your City
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Savvy Seal Beach car accident lawyers are also aware of this city's many traffic problems. They know, for example, that Pacific Coast Highway runs through the city and is often the site of accidents caused by speeding and drunk drivers. They know that there are no barriers separating cars approaching each other from opposite directions on PCH, so drivers who lose control of their vehicles sometimes cross over into oncoming traffic. Sadly, these collisions are almost always fatal. Moreover, the busy six-lane state highway can be especially difficult to cross for pedestrians and bicyclists.
Another problem car collision lawyers are aware of is that there are many alcohol establishments on Main Street. These can create a potential for more car accidents, especially after midnight, when drunks tend to hit the road.
Still another source of potential danger is the manner in which many motorists navigate the wide, curving stretches of Seal Beach Boulevard. The street winds through the Leisure World retirement community and a Naval Weapons Station housing area. The thoroughfare serves as the main artery between the central part of the city and the San Diego Freeway. What makes Seal Beach Boulevard so dangerous is that many motorists speed through it as they rush to and from town.
If you suffer the misfortune of being injured in a car accident, you should, at the very least, become familiar with the traffic conditions and accident history of the city so you can quickly tell you if your case is worth pursuing.
Consult a Car Accident Lawyer With Knowledge of Your City
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Savvy Seal Beach car accident lawyers are also aware of this city's many traffic problems. They know, for example, that Pacific Coast Highway runs through the city and is often the site of accidents caused by speeding and drunk drivers. They know that there are no barriers separating cars approaching each other from opposite directions on PCH, so drivers who lose control of their vehicles sometimes cross over into oncoming traffic. Sadly, these collisions are almost always fatal. Moreover, the busy six-lane state highway can be especially difficult to cross for pedestrians and bicyclists.
Another problem car collision lawyers are aware of is that there are many alcohol establishments on Main Street. These can create a potential for more car accidents, especially after midnight, when drunks tend to hit the road.
Still another source of potential danger is the manner in which many motorists navigate the wide, curving stretches of Seal Beach Boulevard. The street winds through the Leisure World retirement community and a Naval Weapons Station housing area. The thoroughfare serves as the main artery between the central part of the city and the San Diego Freeway. What makes Seal Beach Boulevard so dangerous is that many motorists speed through it as they rush to and from town.
If you suffer the misfortune of being injured in a car accident, you should, at the very least, become familiar with the traffic conditions and accident history of the city so you can quickly tell you if your case is worth pursuing.
Contract management software
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Contract Management Software allows organizations to effectively manage the various types of contracts they engage in, including: buy side, sell side, and non monetary.
This type of software can help an organization:
- create boiler plate templates that would help in ensuring consistent contract creation that has been sanctioned by the organization's legal group,
- assist in versioning documents during negotiation and award phases,
- manage the tender / pre-contract phases of agreements ensuring that a buildup of corporate knowledge may be used for ongoing management of the contract,
- instill contract governance rules so that each type of contract follows a pre-defined or dynamic workflow but always ensures it is within the organization's established conduct, promoting corporate consistency of process and accountability,
- ensure visibility is available across all contracts to the authorized people,
- notify stakeholders of impending trigger points ensuring that contract management is pro-active, not re-active,
- validate payments, deliverables, commitments and compliance terms that are established in the actual contract, and
- ensure compliance to negotiated terms and conditions including rates, discounts, and rebates.
Eco-Friendly Travel Tips
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Reducing, reusing, and recycling can be a part of an everyday lifestyle because there are numerous things that can be done to make a home eco-friendly. It’s just as easy to go green during business trips, family vacations and holiday travel and here are a couple of ways to do it.
Going Green before the Trip
•Turn the water heater to the lowest setting.
•Turn off the air conditioner/heat or adjust the thermostat for plants.
•Unplug appliances like the TV, toaster, microwave and DVD player. According to the Green Hotel Association, they can leak as much as 40 watts/hour even when they are off.
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Credit Cards and International Travel
What a good idea! If you are planning to travel to foreign countries from the U.S., the best credit card to take is the one offered by AAA. After all, AAA is a world-class travel authority. WRONG! First off, AAA does not really offer a VISA Gold card. Sure, they have their logo and name on it, but if something goes wrong, as it did for me, they disavow any responsibility and refuse to help. They pass the buck on to the issuing bank. The bank issuing the card, in this case was PNC Bank in Wilmington, DE and the party you have to contact when things go bad. Unfortunately, PNC Bank does not have an international toll free number and their support personnel seemed to have little knowledge or experience in dealing with international clients. My decision to sign up with AAA to obtain their credit card ruined my vacation to Europe and put me at considerable risk. My suggestion to international travelers is to obtain an a credit card from an international bank like CitiBank or from American Express. Even this will not be enough to ensure the security of using your bank card when it is needed and I will explain why.
How Can You Obtain, Accurate Term Life Insurance Quotes Online?
Today in the information age the first place consumers tend to go for research is the Internet. In the current time of wanting everything in a single instant is there any surprise that insurance carriers and brokers would design platforms for quoting and applying for insurance online.
Both Insurance carriers and marketers have been offering quoting aggregators as a way to both trim down cost of advertising and reach consumers as they begin there online research and shopping. So the big questions is: Are the premiums provided from these quoting websites accurate and are these rates you can realistically expect to obtain for your specific age health and weight class.
Are Carrier and Broker Website Quoting Platforms Accurate?
When you go to search for life insurance online you will see many sites suggesting lowest rates and 40-70% savings. Well the truth is you can save big by comparing rates from among all the carriers as rates for the same coverage can vary from one carrier to the other. Your best bet is to shop a broker/agency who offers the broadest choices from multiple carriers and products. The rates are provided in real time direct from each carrier. In other words when you plug in your age, weight and answer no to any serious health issues then yes you are getting an accurate estimate but only if you’re in the right health class which may require more specific detail. A simple quote website is a good idea if your looking for a ballpark figure of what you might expect to pay. Rates are set by carriers and regulated by the state so rates will not vary from each broker/agency if comparing the same product and same carrier for the same search parameters.
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All Conference Services and Conferencing Solutions for Business and Home
AllConferenceServices.com provides you with researched information of all conferencing services available for your business or family needs.
It is a comprehensive resource of today's (and future) possibilities of distance communication. Conference calls, web conferencing and other services can be used in business meetings, medicine, consulting, legal and insurance industries, public relations, surveillance and security, family and friends online meetings, …
This conferencing technology with internet or just phone connection enables you to:
A general guideline for your start is that conference calls, audio and teleconferences use mainly telephone connections and are therefore typically cheaper, while video and web conferencing services use internet connection and are usually more expensive solutions.
It is a comprehensive resource of today's (and future) possibilities of distance communication. Conference calls, web conferencing and other services can be used in business meetings, medicine, consulting, legal and insurance industries, public relations, surveillance and security, family and friends online meetings, …
 |
- Eliminate travel time and save money
- Improve productivity
- Collaborate on business proposals in real time
- Easily and instantly exchange information with your associates or family members
- And more...
A general guideline for your start is that conference calls, audio and teleconferences use mainly telephone connections and are therefore typically cheaper, while video and web conferencing services use internet connection and are usually more expensive solutions.
Top 30 Student Credit Cards Usage Tips
- How you use your card now affects your financial future (credit score) – If
you have a large balance that is maintained by only making the minimum payment, you’ll be considered a “credit risk” by the FICO (who sets the credit score criteria) and your credit score will go down. This affects buying a car (higher financing rates) and even insuring your car (higher financial risk = higher payments). Keep this in mind if you are racking up big bills without the cash to quickly pay them back. Read more about your credit score.
- Stay within your credit limit to avoid penalties and reserve available credit for emergencies. Demonstrate that you have capacity, the ability to pay back yourdebt, by keeping your account balances less than 50% of your available credit.
How to Choose the Right Conference Call Service
Audio Conferencing
This conference call service has been available for quite a long time. It is very popular due to its cost effectiveness and allowing communication from all over the world.
All that is required for an audio conference is a telephone for each person attending the conference.
Those included in the call are able to hear each other instantly, as if they were all in the same room.
One of the main problems with an audio conference call is not being able to see the other people you are talking to or to be able instantly to share images or information directly related to the business.
This conference call service has been available for quite a long time. It is very popular due to its cost effectiveness and allowing communication from all over the world.
All that is required for an audio conference is a telephone for each person attending the conference.
Those included in the call are able to hear each other instantly, as if they were all in the same room.
One of the main problems with an audio conference call is not being able to see the other people you are talking to or to be able instantly to share images or information directly related to the business.
Web Conferencing
Web conferencing is the newest of the three types of conference calling services. This new technology uses the Internet to hold the conference or meeting.
The real bonus with web conferencing is that those attending can share files, visual aids and text messages instantly.
Web conferencing is the newest of the three types of conference calling services. This new technology uses the Internet to hold the conference or meeting.
The real bonus with web conferencing is that those attending can share files, visual aids and text messages instantly.
Lasik in New York
New York City is the one of the best places to be if you want to have Lasik surgery. There are a variety of laser vision correction surgeries from which to choose from in New York, including LASIK, LTK and PRK. These safe and effective procedures can reduce or eliminate your dependency on glasses and contact lenses.
Through the precise accuracy of laser light, the cornea is gently reshaped to correct nearsightedness, farsightedness and astigmatism. These medical procedures are all done on an outpatient basis that uses a cool beam of light to gently reshape the surface of the eye''s cornea and this help improve your vision. These procedures are designed to be a one time treatment to help normalize your vision, while also reducing or eliminating your dependence on glasses and contact lenses.
Laser vision correction is approved by the FDA as a safe, proven and effective procedure for myopia (nearsightedness), hyperopia (farsightedness), and astigmatism. The treatments are painless because of the drops put into the eyes. Some patients may experience discomfort for one to three days after treatment, often described as the feeling of sand or soot in the eye. This passes quickly and your doctor can prescribe medication to alleviate any discomfort during your recovery.
When having lasik in New York, a cool beam of laser light is used to gently reshape the cornea. Lasik is generally the procedure of choice because it is performed under a protective layer of corneal tissue. There is less surface area to heal and there is minimal or no discomfort. The whole procedure is over in a matter of minutes, and corrects several difference eye conditions.
Through the precise accuracy of laser light, the cornea is gently reshaped to correct nearsightedness, farsightedness and astigmatism. These medical procedures are all done on an outpatient basis that uses a cool beam of light to gently reshape the surface of the eye''s cornea and this help improve your vision. These procedures are designed to be a one time treatment to help normalize your vision, while also reducing or eliminating your dependence on glasses and contact lenses.
Laser vision correction is approved by the FDA as a safe, proven and effective procedure for myopia (nearsightedness), hyperopia (farsightedness), and astigmatism. The treatments are painless because of the drops put into the eyes. Some patients may experience discomfort for one to three days after treatment, often described as the feeling of sand or soot in the eye. This passes quickly and your doctor can prescribe medication to alleviate any discomfort during your recovery.
When having lasik in New York, a cool beam of laser light is used to gently reshape the cornea. Lasik is generally the procedure of choice because it is performed under a protective layer of corneal tissue. There is less surface area to heal and there is minimal or no discomfort. The whole procedure is over in a matter of minutes, and corrects several difference eye conditions.
Tuesday, September 15, 2009
How to Choose the Right Conference Call Service Audio Conferencing
This conference call service has been available for quite a long time. It is very popular due to its cost effectiveness and allowing communication from all over the world.
All that is required for an audio conference is a telephone for each person attending the conference.
Those included in the call are able to hear each other instantly, as if they were all in the same room.
One of the main problems with an audio conference call is not being able to see the other people you are talking to or to be able instantly to share images or information directly related to the business.
All that is required for an audio conference is a telephone for each person attending the conference.
Those included in the call are able to hear each other instantly, as if they were all in the same room.
One of the main problems with an audio conference call is not being able to see the other people you are talking to or to be able instantly to share images or information directly related to the business.
Web Conferencing
Web conferencing is the newest of the three types of conference calling services. This new technology uses the Internet to hold the conference or meeting.
The real bonus with web conferencing is that those attending can share files, visual aids and text messages instantly.
Web conferencing is the newest of the three types of conference calling services. This new technology uses the Internet to hold the conference or meeting.
The real bonus with web conferencing is that those attending can share files, visual aids and text messages instantly.
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