U.S.: The labor market lagging behind

The U.S. economy is rebounding, despite some signs of slowdown here and there. In October, the ISM non-manufacturing index was practically unchanged at 50.6. Only one of the four segments of the index declined in the month, while three out of eighteen industries reported some improvement in job numbers. Business activity increased for the third straight month and growth is expected to continue, since both unfilled and new orders moved up for the second straight month supported by the strong export numbers. The manufacturing index rose instead to 55.7 in October. It overcame expectations by growing at the fastest rate in more than three years. Here, again, exports supported the service industry, as thirteen out of eighteen industries performed better than expected. The labor market remains at the contrary the weakest spot. In October, the U.S. economy lost 190,000 positions (-170,000 expected) versus September’s 219,000. The unemployment rate is now at 10.2%, compared to September’s 9.8%. It corresponds to the highest rate of the past 26 years and not to far from the post-war record of 10.8% reached in 1982.

Forex trading margins

A margin deposit is not, as many traditional traders suggest, the payment in cash for purchasing market shares. A margin is in fact a guarantee or a trust deposit, providing protection from losses during a deal? It allows traders to open positions on amounts that greatly exceed their account limits and so increase their buying power. ACM offers a 1% margin (or 1:100 leverage), which means you can control 100 times your deposit in the real market.



If the funds in the account, in the course of trading, fall below the prescribed margin, your positions will be closed automatically without prior notice. Using this system, the client’s account cannot go overdrawn even under volatile, fast-changing market conditions.



The formula for calculating margins is as follows: (account balance + profit/loss) : open position = the margin

Forex currencies quotation system

Currencies are quoted in pairs, for example – EUR/USD or USD/JPY.
The first currency in the pair is called the base currency and the second is called the counter currency.
The base currency is the ‘basis’ for purchases and sales.

For example, if you buy EUR/USD, then you acquire Euros and sell Dollars. You do this if you expect the Euro to grow against the Dollar.
It is also possible for a currency pair to be quoted as USD/EUR, but this method is used extremely rarely.
Each transaction must have 2 sides – a buy and a sell (or a sell and a buy).

By this we mean that it is impossible to buy 100.000 EUR/USD and then exchange it for another currency pair (i.e.: EUR/JPY) without closing the first position.

How does the B/S system work?

As with any market, for each currency pair, there are 2 prices. The difference between them is called the spread.
The spread is measured in points or pips – lowest decimal figure in a currency rate.
For a EURUSD a pip equals 0.0001 (or 10 dollars on 100.000), for EURJPY a pip equals 0.01 (or 1000 yen on 100.000).

Buying/Selling - B/S

If you want to open a position (i.e.: place an order to sell – to make a profit if the exchange rate falls) you have to choose the amount (i.e.: 100.000 EURUSD) from the drop down menu on the platform and then click the mouse on the sell currency button: SELL (if you want to place an order to buy, you should act in reverse).
This will open a position in the market and you will receive an immediate notification of it on your trading station.
To close an open position, you have to do the opposite of the initial operation – in our case buy the 100.000 EURUSD back.

How does the foreign exchange market work?

the forex market allows you to buy and sell currencies against each other and speculate on the differences in exchange rates.
Making a transaction on the forex market is simple: the procedures are identical to that of any other market so switching to trading currencies is straightforward for most traders.

Greenback Slumps on Shift to Riskier Assets

he dollar’s respite proved short-lived as traders resumed selling the currency in the Thursday session, pushing it to a fresh one-year low against the Australian dollar at 0.9088 and two-week low against the euro at 1.4816. The equity, commodity and energy markets were in lockstep as spot gold touch record high for its third consecutive session past the $1,055 per ounce level and crude oil edging back above the $70 per barrel level near $72. The major US equity bourses also climbed higher, with the S&P 500 and Nasdaq advancing by nearly 1% in the afternoon session.



The economic data released earlier in the session saw weekly jobless claims improve to 521k from 551k a week prior and the August wholesale inventories slip by 1.3% from a 1.4% decline in the previous month. Speaking earlier today was Richmond Fed President Lacker reiterated that the economic outlook remains unchanged from the previous FOMC meeting, adding that the risk of sliding into a recession again in 2010 has diminished substantially. He also quelled speculation of impending rate hikes advising that the Fed should not tighten policy today.

Online Currency Trading

This is becoming very popular among investors who want to make a safe investment with significant upside.

Currency markets continue to grow and many experts will tell you that engaging in currency trading can be very lucrative.



Just like a stock, the goal is to buy low to sell high. Forex trading is only different from stocks in that you are trading currencies instead of company stocks. Just like stocks, the price of a currency rises and drops. This is easy to understand. Buying a currency low and dealing it at a higher price will result in profit.

Even though this is a simple concept, you must educate yourself on the basic principals of online currency trading. With all the currency options out there it would be pretty challenging to keep track of all of them. You should research and concentrate on just a few in the beginning.



Thankfully, there is online currency trading software which will significantly help you out in efficiently mastering forex trading. This advanced software will give you insider tips and you can initialize the software to choose the most profitable trades.



Online currency trading can be a little intimidating for the first time investor. Utilizing an online currency program such as forex.com will help you tremendously as a first time trader. These new software programs for online currency trading have settings where you can make conservative trades and then increase your risk as you learn more.

PowerTrader - Forex Trading Software

PowerTrader leverages FXDD's long-standing relationships with the leading global banks and provides a complete dealing solution to meet the demands of our high volume clientele.



With FXDD's PowerTrader, professionals can access one of the deepest liquidity pools in the marketplace. PowerTrader utilizes straight-thru-processing (STP) to connect a client to a large number of global banks and ECN systems, all in one easy-to-use trading platform. PowerTrader provides pricing with no dealing desk intervention. Live, executable streaming prices come directly from large liquidity providers.



The minimum deposit for a live account is $25,000, with 100/1 leverage on accounts up to $1,000,000. Commissions are based on volume please contact us for more information

Forex Trading Tips

If you want to become the Forex trader then you should know the tips for trading in Forex.
If you wan to become the Forex trader then you should know the ways of analyzing the market. You should also know about the risks that are associated with trading. You should try to understand the economic, social dimension and the political issues that would have an effect on the Forex and it would also have the effect on the working system of Forex. If you want to get success after becoming the trader then you need to trade carefully in the market and should also know about the exchange rate of the particular currency. You should get assurance about the security about the route that you have adopted for exchanging the currency rate of the particular currency. If you are good Forex trader then you would not take time in recognizing this factor. You would not take time to react to the random ways that are used in the Forex market.
The following are some points that would help you to earn the fruits that you want to earn:

• If you are a beginner then you should stay from the margin trading because in this high risk is involved. If you are not a smart investor then you would lose money. If you don’t know about the margin trading then you should not invest in it.

• Beginners should trade in Micro Forex. This would help you to earn huge profits in the market of Forex.

• You should try to find about the long term trends of the currency in which you want to trade. Before investing in the market you should try to examine the market in which you want to invest. You should take proper decisions about the investment.

• You should not take hap – hard decision about investing in Forex market. Before investing in the market you should know the rules of investing in the currency. If you record in demo account is not good then you need to improve your record. This way you can take the maximum benefit of Forex. In this situation you should open a mini –account that would give you required practice of dealing in Forex.

• You should know the ways of cutting the short term losses that are made by you. If you want to remain in market for long term then you need to make sure that your gains are more then your losses. This way you would be able to remain competitive in the market.

If you want to collect more details about the Forex then you can look at internet. There are many websites that can help you to collect the necessary information and it can also help in selecting the best trader. You would also come to know about the different ways of investing in Forex market. You can make comparison and then select the trader as per your requirements and demands. You should be careful in selecting the trader.

Online Forex Trading Policies

Online forex trading policies would help you to earn huge profits as soon as possible.
If you want to become the full time broker then you need to practice a lot. This in turn would help you to become the experienced trader in foreign currencies. There are many brokers that would help you to earn huge profits in the foreign currencies.
You can use this information technology to find the easiest ways to deal in forex trading market. You experience would help you to become the successful broker in the world of forex market. This is the most easiest and unique way to deal in forex market. if you want to trade in forex market then you to find the details of the currencies that you are willing to deal in. if you a learner then you should start your investment with small amount. If you want to become a successful trader then you need to update the fluctuations that are taking place in the market.
You can exchange the currencies at different rates at a particular point of time. If you want to take the advantage of the forex chart then you don’t need to pay for the chart that you want to take. In media

you don’t have to pay the heavy charge for the services that you want to take the advantage of the services.
New agencies would monitor the forex market. These agencies would try to find the flash card that would help to run the headlines that can be used for broadcasting the event. Earlier the projection for the financial selection was printed in most of the newspapers. If you want to find the details about the course then you need to find the details of the courses that are offered by the forex market.
There are many online traders that would help you to get the required knowledge about the forex trading and it would also help you to know about the different ways of dealing in forex market. Internet is the best source to collect information about the different types of sources that are available on the net.
There are many printed evidences that would help you to find the details about the different ways of trading with online forex. If you want to take the necessary details about the product then you need to explore yourself to various sources that would help you to gather the details that you want to gather and take advantage of.
Forex would help you to concentrate on the limited currencies and not on all currencies. Forex would help you to look at the different types of portfolio. If you are dealing with the experienced forex trader then you would find that they would provide you proper guidelines and they would not charge high price for their consultation. They would try to utilize the forex trading for fulfilling their requirements and needs.
There is some forex software that would help you to make the computation of the profit and the loss that are made by the trader. It would also help you to know about the trends that are going in the market of forex.

Forex Autopilot System

If you are unaware about the importance of Forex Autopilot system then Forex trading software is best option for you.
Forex Autopilot System would help you to know about the different ways of earning huge profits. This system has the ability to analyze the different trends of the market and the system would place the orders for you. You do not require to place the orders for your trade.
Forex Autopilot System is considered to be the professional advisor. You can use this system to do the trading operations. If you are not aware about the Forex Autopilot System then technicalities can provide you necessary information.
Before purchasing the software you need to find the details about the different types of software and then select the best software for your consumption. You need to collect the necessary information about the product that you purchase and take advantage of. It would help you to get the best results in short duration of time.
If you want to download the Forex Autopilot System then you need to open Demo account that would help you to test the software. You can start testing the demo account with nominal charges. This way you would be able to earn huge profits and make less loss.
If you want to configure the system then you need to follow the instructions that are given by the software. The traders would help you to set the size of the lot and try to maximize the number of your orders.
There are two parameters limits that you can use for Forex Autopilot System. You can find the value of each pip and make comparison between them and then the values that you found can be easily translated in the dollar. This would aid you to know whether you are making profits or loss. You can place the several trades at a particular point of time.
These setting play a vital role in Forex Autopilot System. You should place the trade as per your account size. Your margin would help to manage your trade. It would give your protection against the loss. This is the important factor that you should take into consideration if you want to deal in Forex Market.
The makers of this software would guide you to use pip of 0.1 sizes or you can use the pip of 1 trade. This is considered to be the safest approach. You should always deal in safest approach as this would help you to select the safest way of investing in Forex Autopilot System.
If you have gathered the necessary information then you should not delay in investing your money in Forex Autopilot System. This system would help you to get the desired results in short duration of time. It would make you rich as soon as possible.
If you want to take the advantage of the safe margin then you need you should expand your trade. This software would help you to earn huge profits in limited span of time

Forex Hates Procrastinators

Something important you had to do that you ended up not doing? Well i am sorry to say this but Forex doesn't like you very much, it won't actually come out and say this, but it will definatley show you by eating all your money.
Why do lazy people flounder in the forex market?
1. They put off getting a brokers too long and then often make a bad choice.
2. They don't do any research or engage in education and therefore end up gambling.
3. They clutter up informative blogs and forums with their incessant whines about how forex is a scam and can anyone lend them $20 because they are good for it.
4. They are often emotional about trades and will either get too excited after a good trade or try to take revenge on the market after a bad loss.
Does this look like a successful traders mindset to you? Of course it isn't. Are you guilty of any of these things? If you are get it sorted ASAP, not or my sake, but for your own. It isn't my money you are gambling away. "But i thought forex is investing not gambling?" Thank you! I don't gamble in forex, i invest, many other traders i know invest as well. Whats the difference? Education my friend, education. We know what we are doing, and make educated decisions about where we want our money, a forex gambler wakes up in the morning and just decides then and there where he is going to flush away some more money. They don't research, they don't even know what a chart looks like, they just go with uneducated gut feelings.
But let's stop talking about forex gamblers before i have a stroke, what about successful traders?
1. They research brokers and then choose one and stick to it until the broker gives them reason not to.
2. They are always learning. What is a better indicator to use? What have i done wrong in the last week? This is the kind of thing that sharpens their trading sword so sharp it could cut space and time.
3. They don't post often, they might not ever post on a forum or blog. To them forex is about learning and they would rather listen then speak. Humble eh?
4. They keep their cool. They know that a win can turn into a loss and the other way around within the next 5 minutes. They have the experience and they have already set up their trades to accomodate for a turn in fortune. They are in control. Well mostly.
So the main point of all this text is to realize that if you can't even bother having a shower when you wake up in the morning, how are you ever going to be successful in something as demanding, but equally as rewarding as forex? You aren't because forex hates you.

The Best Forex Trading Robots

Well for those of you who don’t know what FOREX is , it stands for currency exchange Market . Basically it’s buying and selling currencies and making a profit on the rise or fall of one currency against another . It’s a 24 hour five day a week market , and generates $3.8 trillion a day in trades.
Ok lets get down to the six reasons why you should be trading FOREX now instead of leaving your money in a bank earning cents on the dollar .
Reason 1: Demo Account Paper Trade
A demo account or paper trading as it's also known allows you and your robot to practise without risking any money . This way you gain experience and a feel for trading , its also a great way to see how your robot performs. Yes you get a preview of the profits you can make ,what other business offers this ?
Reason 2: Profit Potential
After you have done the paper trade and learnt more about the market , you will see why people are making so much money on the Forex market. You can start with a small investment and in some cases watch it double every month. With a solid plan before you start trading your earning power will be limitless.


Reason 3: FOREX Your Flexible Friend
Working and just putting you money into a bank account will see small increases in your investment. However Forex trading can explode your earning potential. Trade at a time and place that suits you and no stock physical goods to worry about. You can buy and sell within minutes making an instant profit in an up or downward trend.
Click Here Discover The Best Forex Trading Robots
Reason 4: Fluctuating Prices
Forex is known as a liquid market as it's a cash only market. Well imagine the market as giant waves rising and falling and you can make money on the falling or rising wave . Of course there is a risk of you making losses as well as gains so keep this in mind when surfing on the Forex waves.

Reason 5: Now The Little guy Can Get A Piece Of The Pie
With the vast improvements in Forex Trading Robots and the cost of entering the market being very reasonable , you don't have to be Bill Gates to start trading. For a small investment you can have your own robot trading for you twenty four hours a day.So where ever you are in the world with access to the internet you can watch your profits grow.
Reason 6: Leverage
Leverage is borrowing to invest more in a trade than you have in your account . For example to trade $100,000 of currency, with a margin of 1%, an investor will only have to deposit $1,000 into their margin account. The leverage provided on a trade like this is 100:1. So 1% profit in a three hour trade would produce a profit of $1000.
Well as you can see forex is an amazing opportunity to make money , and you can get in at the ground floor. What you need to know now is what is the easiest and most profitable way to enter the market . Well there are some great Forex trading robots like Fap Turbo , Forex Megadroid , Forex Ambush . After a few easy steps these robots will do all the trading for you twenty four hours a day

Market participants

Unlike a stock market, where all participants have access to the same prices, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest investment banking firms. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and usually unavailable, and not known to players outside the inner circle. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). This is due to volume. If a trader can guarantee large numbers of transactions for large amounts, they can demand a smaller difference between the bid and ask price, which is referred to as a better spread. The levels of access that make up the foreign exchange market are determined by the size of the “line” (the amount of money with which they are trading).

Foreign exchange

The foreign exchange market (Currency, Forex, or FX) market is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. ^[1]FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.

Forex Trading Strategies and Systems

The Ultimate Forex Trading Strategies Delivering Profits Week After Week"Learn these Forex trading strategies and Forex systems on 4 hour and daily charts, or if your time is really limited, you can trade just the Daily charts. Learn this simple strategy which is desgined to scalp for a quick 100 pips or leave the trade on for hours or even overnight to make 200 or more pips. Lets talk about what might be the best forex trading strategy your ever going to use to make consistant profits ...This comprehensive trading ebook is designed to train forex traders to read price action and trade the forex market like real professionals

Computer and Software

There are several companies who develop Software for the Progressive Trading finance sector.

“Computer boffins have found a way, using RLT (Risk Limitation Technology, a technology pioneered by the Banking and Insurance industries) to evaluate, the Bookmakers odds and difference of opinion, in milliseconds (a lot quicker than my aged brain could ever dream of doing)”.

Forex Paper trading

Paper trading (sometimes also called "virtual stock trading") is a simulated trading process in which would-be investors can 'practice' investingwithout committing real money.

This is done by the manipulation of imaginary money and investment positions that behave in a manner similar to the real markets. Before the widespread use of online trading for the general public, paper trading was considered too difficult by many new investors. Now that computersdo most of the calculations, new investors can practice making fortunes time and time again before actually committing financially. Investors also use paper trading to test new and different investment strategies.

Forex Ascending trend

Ascending trend in forex and currency trading Ascending trend channels are a useful tool due to their ability to predict overall changes in trend. As long as prices remain within the ascending trend channel, the upward trend in price can be expected to continue. As soon as prices exceed either trendline forming the channel, however, a strong signal either to buy or to sell is generated. A break through the upper trendline generates a strong buy signal, while a break through the lower trendline generates a strong sell signal.

Overview of Currency Markets

Currencies trade on an off-exchange market, known simply as "Forex". Off-exchange means there is no central exchange. Yet Forex is the largest financial market in the world, involving most major banks of the world, most of the world's governments, and many of the world's corporations and financial organizations. Compared to the US stock markets, it is 1000 times bigger

How big have the profits been?

Having identified the best investment options to explore, when I considered actually investing in these, another criterion emerged as important: I wanted to be able to open a small account first, to see how it did. Then, if the account performed in a way with which I felt comfortable, I could add more money. Unfortunately, not all managed accounts offer minimum account sizes that are small enough -- in fact most DO NOT -- and by "small" I mean only $5,000 to $10,000 to open.

MANAGED ACCOUNTS

I found that the best possibilities for meeting these criteria are MANAGED ACCOUNTS, that have professionals who trade your account for you, who watch the markets every single moment. This way they can get you out if things turn sour. But not just any managed accounts will do, because not all markets in which they can trade are the same. The market that is open around the clock, except for weekends, is the off-exchange foreign CURRENCIES market (Forex). Foreign currencies can be traded by banks, via futures exchanges, and on Forex. Bank hours and some futures exchange hours are limited compared to Forex, which trades 24 hours a day except weekends. This is beneficial because if something happens overnight your account is able to respond to it instantly and not have to wait for the morning and potentially suffer a huge gap in the wrong direction.

Retirement money

Finally I got some retirement money. But not enough to retire soon, nor anytime in the foreseeable future! It led me to investigate what alternatives there are for investing such money. This resulted in a multi-year long project that began late in 2003. Money is an important issue and the cause of much anxiety for most of us. Here I want to share with you some of the results of my own search to find the best investments that achieve certain objectives.

MetaTrader 4

• Tight dealing spreads - as low as 1-2 pips
• Complimentary EA hosting, in a secure environment*
• An EA optimized environment, including micro lot trading and hedging
• MQ Language support to create a personalized trading system
• Fund your account with Sterling, Euros, or USD
• Personalized customer services, 24-hours a day during market hours

How the Two-Way Forum Works

Participants, including forex traders and others who have valuable information to contribute, submit reviews for consideration. Once approved, reviews are posted almost immediately. Vendors and professionals reply with comments in the aggregate to the reviews, addressing specific points or with general answers. The communication is limited to one reply per vendor or professional with a limitation on length. This encourages a fair, open forum, without back-and-forth bickering and unnecessary criticism. Sign-up now and join the Forex Justice Forum. Only with the help of real-life forex scenarios and two-way communication, can we turn forex trading into an ethical, trustworthy investment option.

Straight Shooting, Unedited Forex Reviews

Many Forex review websites are thinly veiled as informative, unbiased forex opinion forums. In actuality, they’re doing little more than championing their own causes. These supposedly neutral pages give the broker, forex trader, and interested parties a skewed view of reality. Alternatively, Forex Justice is a revolutionary idea in forex trading. An open, two-way patented forex exchange system, reviews are considered from both the broker’s perspective and the trader’s. This unconventional method of publishing truthful forex stories to the investor and anyone else interested in forex has proven beneficial in reducing the number of forex scam websites and helped traders establish ethical business relationships. This valuable tool, Forex Justice, doesn’t allow peer bashing yet encourages honest communication. Content is always reviewed but never edited so you get straight facts from real experiences. Learn about the way forex trades are conducted and quickly size up the scam artists. The more reviews we receive, the clearer the picture will become

Know the Scammers

The best advice I can give is don’t trust anyone whose reputation you cannot validate and whose association is not legitimately tied to the actual forex market. This is especially important when selecting your forex broker. The allure of trading forex can be overwhelming. It attracts many eager fx traders willing to gamble away their life’s earnings. Unscrupulous forex brokers, signal providers, fx educators, software peddlers, and forex frauds are waiting, with baited breath, to take your money and turn it into a profit for themselves – all at your expense! The good news is that many forex professionals are honest and reliable, capable of assisting the most inexperienced fx trader succeed. Following forex signals and making profitable currency trades happens 24-hours a day, all around the world. The philosophy behind Forex Justice is to even out the playing field so everyone has a fair chance at winning

forex market is a wild

The forex market is a wild, open arena without rules, laws, or a governing body. No one cares if your money is taken. No one will lose any sleep if you’ve been lied to. There are no repercussions if you’re treated unfairly. Investors trade at their own risk and have no legal recourse to enforce justice. I know. I’ve been there. The scammers have burned me more than once. In an attempt to further my own knowledge, I fell for the magical software sales pitches and followed the crooked paths to the stolen treasures, only to be let down ad nauseam.I served my time as a forex broker, which was an eye-opening experience. I heard and saw the manipulation of client profits that was business as usual. It quickly shifted my interest in trading and brokering forex to that of protecting forex traders. I redirected my efforts from studying daily forex signals to researching forex websites. I was determined to devise a resource on which forex investors could rely for honest, fair information exchange.

The major differences

Forex has no central exchange

Forex trading can be done around the clock

Forex has no overseeing regulatory commission, such as the SEC

Forex Justice

Foreign exchange currency trading is a risky business with much to lose and much to gain. As a professional forex broker and personal trader, I have realized the fast profits this market can reap, while witnessing the dog-eat-dog nature of the beast, in which buyers lose their shirts every minute. Whether you are a forex trader or just curious about forex currency trading, you owe it to yourself to separate the wheat from the chafe. The Internet is awash in foreign exchange currency trading websites whose sole existences are dependent upon ignorant forex investors. From get-rich-quick forex software schemes to free forex training, forex educational seminars, free forex signals, forex forums, and more, the fraudulence that surrounds the fx trading market is frightening.

Exchange-Traded Fund

Exchange-traded funds (or ETFs) are open ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (e.g., SPY), but recently they are now replicating investments in the currency markets with the ETF increasing in value when the US Dollar weakens versus a specific currency, such as the Euro. Certain of these funds track the price movements of world currencies versus the US Dollar, and increase in value directly counter to the US Dollar, allowing for speculation in the US Dollar for US and US Dollar denominated investors and speculators

Algorithmic trading in foreign exchange

Electronic trading is growing in the FX market, and algorithmic trading is becoming much more common. According to financial consultancy Celent estimates, by 2008 up to 25% of all trades by volume will be executed using algorithm, up from about 18% in 2005.

An algorithmic trader needs to be mindful of potential fraud by the broker. Part of the weekly algorithm should include a check to see if the amount of transaction errors when the trader is losing money occurs in the same proportion as when the trader would have made money.

Money Transfer/Remittance Companies

Money transfer companies/remittance companies perform high-volume low-value transfers generally by economic migrants back to their home country. In 2007, the Aite Group estimated that there were $369 billion of remittances (an increase of 8% on the previous year). The four largest markets (India, China, Mexico and the Philippines) receive $95 billion. The largest and best known provider is Western Union with 345,000 agents globally.

Chinese banks may begin to restrict lending

Further jitters were sparked by sharp falls in Chinese stocks, which fell more than 5 percent at one point .SSEC, partly due to concerns that Chinese banks may begin to restrict lending.
However, European shares managed to stage gains in early trade, trading up 0.4 percent .FTEU3, which traders said helped to limit losses in the euro and other riskier currencies.

Reassessment was sparked after U.S.

A reassessment was sparked after U.S. data showed a slide in consumer sentiment during July [ID:nN28106587], encouraging investors to take profits from the sharp risk rally that caused currencies such as the Australian dollar to surge, along with the euro.

LONDON, July 29

The dollar and the yen gained broadly while perceived higher risk currencies came under heavy selling pressure on Wednesday as riskier assets succumbed to profit-taking after a recent strong rally.

FOREX-Dollar, yen gain as risk rally stalls

Dollar, yen gain as investors take profits on risky assets
* Euro falls 0.1 pct vs dollar, 0.2 pct vs yen
* Aussie falls sharply after steep gains on Tuesday
* European shares rise, helping stem euro's losses

Limitation of liquidation

1. A Forex trader will receive a large limitation of liquidation and a relatively fair market because the trading volume of the Forex market is large and it is also the largest liquidation market in the world. At present the trading volume in the Forex market is 140 billion Dollars, such big market will completely digest your transaction cash.
   
   
   
2. A Forex trader may do 24 hours transactions and other markets are different, the Forex market is a 24 hour linkages market, it starts from every Sunday before dawn Australian Sydney market, substandard collect the transaction center Singapore, Tokyo, London, Frankfurt to New York continuously to open, such linkage market enable you to do 24 hours transactions, also provide flexibility for Forex trader to do transaction.

Risk of the Forex trader

The risk of the Forex trader is under control, such margin call will not happen compared to futures, through the Forex trading system, your risk will receive the strict limit, even if your margin if lower then the deposit required, the Forex trading system will automatically settle your position, this means even if a Forex trader suffered losses, moreover if the market is suffering from a disaster fluctuation, your loss could not surpass your account amount. In order to understand the advantages, please apply for the demo account to carry on the complete zero risk

What Is The Difference Between Forex and Futures?

A Forex trader could trade more transaction compared to the futures market (the trading volume could be a times larger), and the risk will be strictly under control. The trading volume of the Forex market is 46 times larger compared to the futures market, moreover Forex traders could make more profit from the Forex market due to the larger trading volume (the transaction volume is a few times larger), the REFCO Switzerland rich transaction platform allowed transaction between 1-100 times to be carry on, moreover a Forex trader could decide his or her own transaction amount, for example: Your account has $30,000, the basic transaction unit is each $1,000 (which transaction amount in $1.00, million), namely, so the proportion of the margin of each transaction unit is 100:1

Expert Advisor Automated Trading Benefits

iTrade Capital Markets offers you a choice of three different Expert Advisor automated trading systems. Each one has an outstanding performance record and all bring fantastic benefits. Expert Advisors are automated trading programs that plug into MetaTrader software and trade your account for you, no need to be online or logged in. You will still have full access to your account so you can login any time to view performance or even place your own trades.

MACROECONOMIC STABILITY AND REAL SECTOR GROWTH

During the Fiscal Year 2009/10 real GDP is expected to grow by 3.3 percent and by 4 and 4.5 percent during Fiscal Years 2010/11 and 2011/12, respectively.

- This will be contributed by sectoral growth rates of agriculture amounting to 3.8 percent; manufacturing totaling to 1.8 percent; and services contributing 3.9 percent.

- For Fiscal Year 2009/10 the inflation target is 9.5 percent, which will be brought down to 7 and 6 percent during Fiscal Years 2010/11 and 2011/12, respectively.

- A targeted decrease in current expenditure to 15.3 percent of GDP in FY 2009/10 and 14.7 percent of GDP in 2010/11, owing to elimination of unproductive subsidies is planned in order to maintain the fiscal deficit at sustainable levels.

- The Government is going to take all necessary measures to ensure documentation of the economy and broadening of the tax base in order to shift reliance on domestic resource mobilization.

- Total revenue will grow by 15.7 percent and Federal Board of Revenue collection is projected to grow by 16.8 percent.

- Tax to GDP ratio will be 9.6 percent, with measures, as against 9 percent during Fiscal Year 2008/09.

- Revenue as a percentage of GDP is projected at 14.7 percent in Fiscal Year 2009/10 and will increase to 15.1 percent during Fiscal Year 2010/11

Exxon Mobil overtakes Wal-Mart to top Fortune 500

NEW YORK (April 20 2009): Exxon Mobil Corp unseated Wal-Mart Stores Inc in the 2009 Fortune 500 list, shrugging off the oil price bubble and weathering what the magazine called the worst year ever for the country s largest publicly traded companies. Fortune s closely watched list, released Sunday, ranked companies by their revenue in 2008.
Irving, Texas-based Exxon took in $442.85 billion in revenue last year, up almost 19 percent from 2007. The company also raked in the biggest annual profit, earning $45.2 billion. Bentonville, Arkansas-based Wal-Mart had held the top spot for six of the last seven years but fell to No. 2 this year. Still, the retail giant s 2008 revenue climbed 7 percent to $405.6 billion, as the battered economy sent more consumers searching for bargains. The world s largest retailer took in $13.4 billion in annual profit, an increase of about 5 percent.
Although it may have been a good year for Exxon and Wal-Mart, 2008 was far from rosy for most of remaining companies on the list. Overall earnings plunged 85 percent to $98.9 billion from $645 billion in 2007, the biggest one-year decline in the 55-year history of the Fortune 500 list.
``America is getting used to the sound of bubbles bursting, Fortune said.
Energy companies continued to dominate many of the top positions, as last summer s skyrocketing oil and gas prices more than compensated for their plunge later that fall. Chevron Corp held on to third place with $263.16 billion in revenue, up 25 percent. ConocoPhillips climbed one place to fourth, with $230.76 billion in revenue.
General Electric Co, the diverse conglomerate whose troubled financial arm has been weighing on recent results, rose one notch to fifth. Battered automaker General Motors Corp fell two spots to sixth, as revenue fell 18 percent and losses totalled $30.86 billion amid the imploding car market. Cross-town rival Ford Motor Co followed, with $146.28 billion in revenue. Telecom giant AT&T Inc moved up two notches to take eighth place, with Hewlett-Packard Co and Valero Energy Corp rounding out the top 10.
Courtesy: Business Recorder

Chinese public sector keen to enter into joint ventures

LAHORE (April 20 2009): Chairman, Yunnan Chamber of Commerce, China, Li Jiashou, leading high level Chinese delegation, on Sunday said that Chinese public sector is keen to enter into joint ventures with their counterparts in Pakistan to promote bilateral trade between the two countries.



Speaking at a dinner hosted by Vice President, Saarc Chamber of Commerce and Industry (Saarc CCI) and veteran trade leader, Iftikhar Ali Malik here on Saturday night at his residence, Li Jiashou said, We are in Pakistan to explore the avenues and study the scope of investment in different sectors and invite President Saarc CCI, Tariq Sayeed along with 15-member delegation as key speaker at the inaugural session of 3-day China South Asia Business Forum to be held in kuming China on June 05 under the aegis of China Council for Promotion of International Trade (CCIPT). He said, it the earnest desire of the Chinese public sector to promote business and enter into joint ventures with Pakistan as both countries are time tested friends of each other in their hours of trial.



He said that people of China love Pakistani as compared to all other countries across the globe. Ms Tan Yun said that there was vast scope for promoting tourism in Pakistan and Pakistani diplomats must provide necessary information and tour package regarding tourists spots to attract Chinese to Pakistan.



She said that majority of the Chinese are not aware of the world s best scenic valleys and spots in Pakistan especially in northern areas, including Gilgit, Hunza, Naran, Kaghan, Lahore, Multan, Harrapa and Murree etc.



Welcoming the Chinese delegation, Iftikhar Ali Malik said that China s Trade is about $600 billion in the region and its only $6 billion trade is with Pakistan. He said it is absolutely imbalance of trade and balance of payment is in favour of China. He urged the Chinese delegation for co-operation to get market access to China and asked them to invest in Pakistan.



Iftikhar Ali Malik said that they are already importing hybrid rice seeds from China which has increased their yield hundred percent. He said that time has come that China must transfer its technology to Pakistan.



The dinner was attended by Ms Tan Yun, Vice Secretary General CCPIT, Yunnan Sub-Council, Ms Fan Juanjuan, IR&MA, CCPIT, Yunnan Sub Council, Taimur Ali Malik, Dr Waqar Chaudhary, Anwwar A Sheikh and other elite of the town.



Earlier, the delegation met Sultan Chawla, President FPCCI and Mohibullah Shah, Chairman, Trade Development Authority Pakistan (TDAP). It is worth mentioning here that prominent business leader and President Saarc CCI,Tariq Sayeed has been invited for the second time.


Courtesy: Business Recorder

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