Shanghai Bc Forex
China Expo de la divisa de Shangai 2015
Nombre del evento: 2015 China (Shanghai) Hora de la Expo de Forex: 11 al 13 de septiembre de 2015 Lugar: Shanghai Mart Industria: Finanzas Ciudad, País: Shanghai, China
Briefing: La Expo de Forex de 2015 China (Shanghai) se llevará a cabo del 11 al 13 de septiembre de 2015 en Shanghai. Será un evento de TRES DÍAS para corredores, comerciantes, inversores, afiliados e IBs de toda China, así como en todo el mundo. Con todo tipo de actividades, incluyendo la ceremonia de entrega de premios forex y redes B2B, los corredores y proveedores de tecnología financiera no sólo tendrán la oportunidad de comunicarse entre sí, sino que también tendrá la oportunidad de reunirse con personas de la zona de opciones de divisas y binarios. Es un espectáculo de dinero y expo de los comerciantes. La conferencia de Forex se llevará a cabo en paralelo con la exposición. Los visitantes se beneficiarán de este evento financiero bien organizado. Shanghai es la opción óptima para muchos corredores que primero comienzan su negocio en China. Esperamos que más de 60 expositores de divisas y opciones binarias y docenas de medios de forex se unan a la expo. Para más información, visite http://www. chinaforexexpo. com
Organizador: Interaction Pros Limited
Tel: + 86-21-3126 1015 Skype: chinaforexexpo Correo electrónico: info@chinaforexexpo. com
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19, agosto 2015
Expo de la divisa de Shangai 2015
11, 12, 13 сентября 2015г. В Китае (Шанхай) будет проходить ежегодная выставка "Expo 2015 de la divisa de Shangai". Это трехдневное мероприятие для трейдеров, инвесторов, партнеров, IBs и брокеров со всего мира. Десятки тысяч участников, подали заявку на посещение этого события. Международный брокер Fort Servicios Financieros. Был утвержден организаторами, в качестве стратегического партнера "Expo 2015 de la divisa de Shangai".
Приглашаем Вас посетить наш выставочный стенд. Уверены, что Вас заинтересуют инновации, внедренные нашей компанией. Среди участников выставки, будут представлены ведущие аналитики и финансовые эксперты, работающие в лучших компаниях, предоставляющих услуги на валютном рынке de cambio. Лучшие брокеры представят новинки, достижения, инновации, внедрение новых технологий.
Б б б б............................................... Мы рады, что качество наших услуг posts de предоставлению сервиса для работы на финансовых рынках, были оценены нашими клиентами, а также организаторами "Expo Shanghai de cambio". Международный брокер Fort Servicios Financieros признан "Лучшим STP / ECN брокером"!
Архив новостей
Новая платёжная слатёжная слатёжная слатёжная слатежная слатежная слатежная FasaPay Мы рады сообщить Вам о подключении международной платежной системы FasaPay для пополнения и срядия средств.
Shanghai Forex Expo 2015 11, 12, 13 сентября 2015г. В Китае (Шанхай) будет проходить ежегодная выставка "Expo 2015 de la divisa de Shangai". Это трехдневное мероприятие для трейдеров, инвесторов, партнеров, IBs и брокеров со всего мира. Десятки тысяч участников, подали заявку на посещение этого события. Международный брокер Fort Financial Services, был утвержден организаторами, в качестве стратегического партнера "Shanghai Expo 2015".
Банковские переводы без комиссии Брокер с международной лицензией Fort Servicios Financieros, с радостью сообщает Вам, что была достигнута договоренность с AS Expobank (одним из старейших Банков в Латвии) о предоставлении максимально комфортных условий нашим клиентам.
2010-2016 Fort Financial Services Ltd, número de registro 126.489 (Belice), No. 1 Orchid Garden Street, P. O. Box 445, Belmopan, Belice. +371 67 66 0716 para el Reino Unido: 8 (800) 775-52-91
Fort Financial Services Ltd д о о и и и и и и и и и IFSC / 60/256 / TS / 15, выданной Comisión de Servicios Financieros Internacionales de Belice
От полной полной потери инвестиционного капитала. Програвление полной полной полной потери инвестиционного капитала. Данный вид деятельности подходит не всем инвесторам. Высокое кредитное плечо увеличивает риск (Уведомление о рисках).
Клиент имеет право отказаться от услуг компании. В этом случае возврат денежных средств осуществляется согласно Клиентскому соглашению и Политике Возврата денежных средств.
Деятельность компании соответствует нормам международного законодательства posts de предотвращению преступной деятельности, отмыванию денег и финансированию терроризма (LMA и política Политика "Знай своего клиента").
Información adicional Forex
Сервис недоступен гражданам и резидентам США.
China (Shanghai) Expo 2015 de la divisa
Fecha: 2015, del 11 al 13 de septiembre
La Expo de la divisa de 2015 China (Shanghai) se llevará a cabo del 11 al 13 de septiembre de 2015 en Shanghai. Será un evento de dos días para corredores, comerciantes, inversores, afiliados e IBs de toda China así como de todo el mundo. Con todo tipo de actividades, incluyendo la presentación de premios de divisas y redes B2B, los corredores y proveedores de tecnología financiera no sólo tendrán la oportunidad de comunicarse entre sí, sino que también tendrá la oportunidad de reunirse con personas de la divisa y la industria de opciones binarias.
Es un espectáculo de dinero y expo de los comerciantes. La conferencia de Forex se llevará a cabo en paralelo con la exposición. Los visitantes se beneficiarán de este bien organizado evento financiero. Shanghai es la ciudad de primera prioridad para muchos corredores que primero comienzan su negocio en China. Esperamos que más de 40 expositores de divisas y opciones binarias y decenas de medios de Forex se unan a la expo.
Le damos la bienvenida a registrarse y compartir con nosotros!
China (Shanghai) Forex Expo 2015 está nominada en:
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2015 China (Shanghai) Expo Forex
Todos los campos son obligatorios
SEDE: Centro Internacional de Exposiciones de Shanghai (Intex Shanghai) Ubicación y Detalles de Shanghai International Exhibition Centre (Intex Shanghai)
DIRECCIÓN DE LA LUGAR: 88 Lou shanguan Road (Camino 77 Xingyi), Distrito Changning, Shanghai, 200336, P. R. China
ORGANIZADOR: NAI Interactive Ltd. (NAI)
Sitio web oficial: Haga clic para visitar
E-Mail: info@chinaforexexpo. com
Tel: + 86-21-3126 1015
CIUDAD: Shanghai
INDUSTRIA: Bienes Raíces, Inmuebles, Inversiones
Derivados financieros y financieros
FECHA: 2015/07/10 - 2015/07/11 ¡Venció!
PERFIL DEL EVENTO:
2015 China (Shanghai) Expo Forex
Como el evento de divisas más influyente en China, 2015 China (Shanghai) Forex Expo se va a celebrar en Shanghai International Exhibition Centre (Intex Shanghai). China durante julio. 10-11, 2015.
2015 China (Shanghai) Forex Expo ofrece una excelente oportunidad para los corredores. Profesionales financieros y IBs de forex & amp; Binary trading industry para mantenerse cerca del mercado de divisas de China. Para mostrar los productos de divisas y amp; Servicios, y para anunciar plataformas en línea del forex.
PERFIL DEL ORGANIZADOR:
Nombre: NAI Interactive Ltd. (NAI) Dirección: # 368-1199 W. Pender St Vancouver, BC V6E 2R1, Canadá Tel: + 1-604-488 8878 E-Mail: info@nai500.com Sitio web oficial: Haga clic para visitar
NAI Interactive Ltd. (NAI), establecida en 1998, es un motor líder de relaciones públicas / relaciones públicas para las empresas públicas norteamericanas de rápido acceso a la creciente expansión del mercado de inversionistas chinos. Al ser una importante filial de ChineseWorldNet. com Inc, NAI representa un puente de comunicación entre las empresas públicas y los inversionistas chinos, lo que les permite desarrollar relaciones de trabajo y formar redes funcionales a través de nuestras plataformas únicas.
A lo largo de los años, NAI ha sido la empresa de mayor confianza en proporcionar información significativa a los inversionistas chinos. NAI está bien posicionada para concentrarse en el sector de la minería y la energía y se han ramificado para establecernos en la comercialización de sectores específicos. Podemos ayudar a los inversionistas chinos a tomar conciencia de nuestros clientes & # 39; Productos y servicios financieros tales como acciones corporativas, ETFs, plataformas de divisas y otros productos relacionados con la administración de la riqueza. A través de nuestras diferentes plataformas, incluyendo NAI500.com, conferencias GCFF, Road Shows y otros programas de alcance IR / PR, las compañías pueden acceder a la comunidad de inversionistas chinos de la manera más efectiva.
USTED TAMBIÉN PODRÍA ESTAR INTERESADO EN:
2014 China (Shanghai) Expo Forex
Todos los campos son obligatorios
LUGAR: Super Brand Mall Ubicación y detalles de Super Brand Mall
DIRECCIÓN DE LA LUGAR: 168, Lujiazui Xi Road, Pudong, Shanghai, China
ORGANIZADOR: NAI Interactive Ltd. (NAI)
Sitio web oficial: Haga clic para visitar
Contacto: Sherry Xia
E-Mail: sherry@forexexpo. com info@chinaforexexpo. com
Tel .: + 86-21-3126 1015; + 86-21-5106 1213
Fax: + 86-21-3126 1015
CIUDAD: Shanghai
INDUSTRIA: Bienes Raíces, Inmuebles, Inversiones
Derivados financieros y financieros
FECHA: 2014/12/08 - 2014/12/09 ¡Venció!
PERFIL DEL EVENTO:
2014 China (Shanghai) Expo Forex
Feria terminó, visita 2015 China (Shanghai) Feria de la divisa para la próxima feria de la divisa de China (Shangai).
2014 China (Shanghai) Forex Expo es la feria de divisas más grande de China. Que tendrá lugar del 8 al 9 de diciembre de 2014 en Super Brand Mall. Shanghai China .
Con una clase afluente y de clase media alta en China. 2014 China (Shanghai) Forex Expo proporcionará el know-how sobre lo que está moviendo los mercados a través de una serie de seminarios gratuitos y una exposición de productos y servicios de divisas. Durante el evento de tres días, todos los corredores, proveedores de tecnología. IBs. Afiliados Gestores de fondos e inversionistas a través de China y en todo el mundo asistirán y establecerán conexiones y redes.
PERFIL DEL ORGANIZADOR:
Nombre: NAI Interactive Ltd. (NAI) Dirección: # 368-1199 W. Pender St Vancouver, BC V6E 2R1, Canadá Tel: + 1-604-488 8878 E-Mail: info@nai500.com Sitio web oficial: Haga clic para visitar
NAI Interactive Ltd. (NAI), establecida en 1998, es un motor líder de relaciones públicas / relaciones públicas para las empresas públicas norteamericanas de rápido acceso a la creciente expansión del mercado de inversionistas chinos. Al ser una importante filial de ChineseWorldNet. com Inc, NAI representa un puente de comunicación entre las empresas públicas y los inversionistas chinos, lo que les permite desarrollar relaciones de trabajo y formar redes funcionales a través de nuestras plataformas únicas.
A lo largo de los años, NAI ha sido la empresa de mayor confianza en proporcionar información significativa a los inversionistas chinos. NAI está bien posicionada para concentrarse en el sector de la minería y la energía y se han ramificado para establecernos en la comercialización de sectores específicos. Podemos ayudar a los inversionistas chinos a tomar conciencia de nuestros clientes & # 39; Productos y servicios financieros tales como acciones corporativas, ETFs, plataformas de divisas y otros productos relacionados con la administración de la riqueza. A través de nuestras diferentes plataformas, incluyendo NAI500.com, conferencias GCFF, Road Shows y otros programas de alcance IR / PR, las compañías pueden acceder a la comunidad de inversionistas chinos de la manera más efectiva.
USTED TAMBIÉN PODRÍA ESTAR INTERESADO EN:
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Los bancos centrales Las cajas de carga enviadas de vuelta a Filipinas se llaman cajas de balikbayan. Desde su creación Hoosier State 1983. Conta.
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¿POR QUÉ CHINA FX EXPO?
La Expo de la divisa china se celebrará en el Centro Nacional de Exposiciones y Convenciones de Shanghai.
With all kinds of activities, including a forex award presentation, brokers and financial technology providers can create a network in which to grow in the forex and binary options trading industry. The networking of brokers, traders and financial solution providers in this unique way is the main appeal to the expo.
The China Forex Expo warmly welcome you to be sponsor for the event or register as visitors. The Entrance is free of charge. For more information, please visit their site.
China (Shanghai) Forex Expo
15-16 April 2016
The 2016 China Forex Expo aims to meet the growing forex trading trend in China, expecting more than 40 renowned forex and binary options brokers, forex media and thousands of visitors to participate and attend. It is a money show and traders expo whereby the Forex conference will be held paralleled to the expo. Visitors will benefit from this well organized finance event.
The expo is not only to attract growing wealthy Chinese to invest their funds into forex and binary options trading, but also to network brokers and those within the industry. Shanghai is the first priority city for many brokers who first start their business in China. B rokers who for the first time are tipping the Chinese market, finding their partners in China is crucial and the 2016 China Forex Expo will help brokers meet that desired goal. Participation is free and ticket registration can be done easily via the expo’s website.
China’s Growing Economy
In past decades, the economy of China has been growing prominently and a rich class has been rising and investors are seeking forex and binary trading which are considered to be a cutting edge investment in the 21st century. World forex brokers and options brokers all put China as their strategic market to expand their business in the next decades.
The year 2016 will be another booming year for forex brokers all around the world. In 2013 those who first had offices in China reaped the most benefits as the leadership Xi Jinping vowed to further open up the financial market when he visited the Special Economic Zone Shenzhen city. Now in 2016 it is expected to see trading booming with more brokers taking more actions in the Chinese market. Due to various reasons, Chinese investors are finding ways to invest and forex and binary options products are their major preference.
The China Forex Expo also builds a B2B connection network for financial solution companies and financial institutions to meet, chat, discuss and cooperate with each other. Almost half of the visitors are from financial institutions who want to diversify their business profile.
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Forex News
Forex
The Shanghai Accord “ BofAML
Research Team at BofAML, suggests that while asset prices are up significantly from their 2008/09 lows, the underlying message from Wall Street in recent years (underperformance of bank stocks, stubbornly low government bond yields, all-time relative highs in œhigh quality stocks, and sustained outperformance of œgrowth stocks over œvalue stocks) has been doggedly deflationary.
œThe 4 deflationary œD™s of excess Debt, financial sector Deleveraging, aging Demographics and tech Disruption have induced wage inequality and insecurity, as well as the rise in political populism across the western world.
The current bear market in commodities, credit and stocks represents either a healthy reset to growth and profit expectations, or is a harbinger of recession. Our tactical asset allocation advice remains "long cash" until the "4C™s" (China, Commodities, Credit, and Consumer) improve.
There are echoes today of the period leading up to the 1985 Plaza Accord (pro-growth policy coordination spurred by weak growth, macro divergence and rising protectionism in the US). Upcoming G20 meeting in Shanghai offers an opportunity for policy makers to seize the œexpectations initiative via a one-off China devaluation, moves to stem EM contagion including a commitment to a stable US$, and pro-growth fiscal initiatives. 2016 risk is markets need to œpanic first.
to other news
For more information, read our latest forex news.
Major stock indexes in the US notched their fifth straight week of gains.
The S&P was up by 0.43% at 2049.31 and is now up on the year as well as for the week by 1.34%. The Nasda
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FOREX LESSONS FROM SHANGHAI BC (Selected Shanghai BC* Posts from the Archives of the Global-View. com Forex Forum) (*Shanghai BC is a highly respected member of the Global-View. com community)
TRADING: A MIND GAME
BC�s WORDS OF WISDOM
TREND TRADING: Accumulation and Distribution
TECHNICALS and CHARTING
USING CROSSES AND GOLD
USING STOPS
USD/JPY HINTS
REACTING TO NEWS
FAIR VALUE
DIFFERENT CENTERS
A WORD FOR NEW TRADERS
QUIPS FROM BC
TRADING: A MIND GAME You must change your mental attitude first from a normal person to that of a speculator. Almost all traders I have met, except a few successful ones who really made millions and billions trading in the market, simply waste all their time trying to learn the easiest part in perfection, like about how to read data and charts, and trying to perfect entry and exit skills, etc. Trading is a mind game and without having a right frame of mind, it is a losing game even before it starts. Training a trader�s mind is the first step for any successful trader but almost all new traders neglect that part and that explains why more than 95% of traders are a failure in the long run. readmore.
Minggu, 14 Agustus 2011
common Sense Guidelines for the Average Trader Look for a reputable broker
Ability to trade effectively depends on consistent spreads and ample liquidity
Anyone can establish a position
Ability to close out a position at a fair market price is more important
Live to trade another day
Apply prudent money management skills
Avoid using excessive leverage that puts your investment capital at risk
Always trade with a stop!
Don’t trade emotionally, stick to your plan and maintain discipline
Establish a trading plan before initiating a trade
Set reasonable risk/reward parameters
Don’t override your stops for emotional reasons
Don’t react to price action – means don’t buy just because it looks cheap or sell because it looks too high, Have supporting evidence to back up your trade readmore
Kamis, 11 Agustus 2011
The foreign exchange market operates 24 hours a day and as a result it is impossible for a trader to track every single market movement and make an immediate response at all times. Timing is everything in currency trading. In order to devise an effective and time-efficient investment strategy, it is important to note the amount of market activity around the clock in order to maximize the number of trading opportunities during a trader’s own market hours. Besides liquidity, a currency pair’s trading range is also heavily dependent on geographical location and macroeconomic factors. Knowing what time of day a currency pair has the widest or narrowest trading range will undoubtedly help traders improve their investment utility due to better capital allocation. This chapter outlines the typical trading activity of major currency pairs in different time zones to see when they are the most volatile. Table 5.1 tabulates the average pip range for the different currency pairs during various time frames between 2002 and 2004. readmore.
As you may already know, foreign exchange (Forex/FX) is an unregulated market that is not traded on an exchange, which means that prices you see and get from one broker could vary from those of another broker. There are mainly two types of brokers. One type is an ECN (Electronic Communications Network) and another a Market-Maker . Market-makers "make" or set the prices on their systems based on what they think is best for themselves as the counter-party. This is because every time you sell, they must buy, and when you buy, they must sell to you. This is why they can give you a fixed spread since they are setting both the bid and the ask price. Many of them will then try to "hedge" or "cover" your order by passing it on to someone else; however, some may decide to hold your order, and thus trade against you. This can result in a conflict of interest between the retail trader (you) and the market-maker.
Minggu, 07 Agustus 2011
Forex Broker Guide
Introduction The following is a list of questions you may like to consider before opening an account. You can use this checklist to narrow down your selection of companies that fit your requirements. You may also wish to refer to the forex broker ratings page on this site to read about traders unique experiences with particular brokers. Important Note to Traders: GoForex recommends you do not open an account with a U. S. based forex broker regulated by the CFTC and NFA, due to excessive and over-bearing regulation imposed on retail forex brokers including reduced leverage levels, the "no-hedging" rule and the FIFO (first-in, first-out) rule which affects the way you trade. The following links will also give you some background information on U. S. FCM's (Futures Commission Merchants).
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(Updated) Alpari's Shanghai offices possibly raided, people arrested
Shanghai River
My boyfriend's family does Christmas Eve dinner every year at a Chinese restaurant, and this was a great pick. It was incredibly busy, first… Read More
My boyfriend's family does Christmas Eve dinner every year at a Chinese restaurant, and this was a great pick. It was incredibly busy, first of all, and second of all, it was chock full of Asians! My table had four non-Asians and besides that, I think I saw one other Asian in the restaurant. All good signs!
I didn't do any ordering and am not usually a big fan of sweet & sour, but despite that, I really enjoyed our dishes. Everything was very authentic and made of high quality ingredients.
* Sweet & Sour soup - 3.5 stars Lots of meat, tofu, seaweed/greens - maybe just a few shrimp, though. This was good for a Sweet & Sour soup, though it's usually not my thing.
* Xiao Long Bao - 4 stars Very tasty! Great flavor to the soup.
* Sticky rice cake dish - 3 stars Fine, but a tad plain. Could've used more veggies, a little more pop in flavor.
* Gai Lan - 4 stars A well done and simple veggie!
* Pork & cucumber dish (came with peking duck sauce and tortillas) - 3.5 stars The wrap with the sauce and all the ingredients worked well. The pork by itself was quite chewy though.
* Black vinegar spare ribs - 4.5 stars This had an amazing sauce. The meat is quite crisped and hard, and if you're not used to it, watch for the bones. But this was one of the more popular dishes of the night, a great crowd-pleaser.
* Sweet & Sour fish - 4 stars Despite myself, I enjoyed this Sweet & Sour sauce! It was thick and had a nice sharp flavor. The fish had a very nicely crisped fried skin, and the meat was flaky and tender.
For next time, there were a lot of dishes I saw being carried around that looked really good: Noodles, Jellyfish platter, Duck with lettuce wrap, King crab.
So good that I came back two days later with some friends! Once again, superlative Chinese food that lets its fresh, amazing ingredients do… Read More
So good that I came back two days later with some friends! Once again, superlative Chinese food that lets its fresh, amazing ingredients do the talking.
Squid with salted vegetables: holy cow this was good. So delicate and flavorful.
Stone pot eel. Incredibly flavorful and tender and tangy. this dish is sublime. Highly highly highly recommended.
Crab with ginger: fun to eat. A total mess. I went through four or five napkins for the portion of it that I ate, and honestly I didn't get a lot of crab meat out of it. What I got was, admittedly, very good, but this was more about the experience of trying to open up slippery saucy crab legs than it was about eating them. Still, we laughed the whole time. By the end, my hands were yucky and sticky and stinky. Increíble.
My hunt for the best XLB is over. I am a huge fan of Shanghai River. The restaurant is beautiful, the prices are reasonable, the service is… Read More
My hunt for the best XLB is over. I am a huge fan of Shanghai River. The restaurant is beautiful, the prices are reasonable, the service is decent (and much better than others) and the food is GREAT.
The first time I went, we waited about 20 minutes to be seated. We looked at the menu and ordered 4 XLB, green onion pancake, pan fried buns and shredded pork with garlic and chili. A lot of food for just two people, huh? We destroyed almost everything and unlike other places, the staff didn't seem to think we were inhuman.
The XLB is smaller than some other places, but served with 8 pieces rather than 5/6. I prefer this because I typically eat them in one/two bites and I'm able to enjoy it better and not lose my juice. The skin is thin but not fragile, the pork quality is obvious and the juice has tons of flavour.
The green onion pancake is a little on the thick side, but it's still delicious and definitely enough for two or more people. Shredded pork was great! Balanced spice with the garlic and even my 1 year old ate it without fuss.
Speaking of my 1 year old, they're very family friendly. There are always kids here and they're very accommodating. I'm never worried about noise because this restaurant is pretty bustling and not very quiet.
My Saturday dim sum spot for a long time to come, I'm sure of it.
This restaurant is good for big parties that order many dishes to share. I don't think we got the right dishes when we went, but for the… Read More
This restaurant is good for big parties that order many dishes to share. I don't think we got the right dishes when we went, but for the most part, the food was good. The shui zhu yang is not flavorful or good.
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Alexa H.
I loved this business. The service was courteous, professional, and the experience was overall a pleasant one.
Brittany C.
Fantastic service! Wouldn't hesitate to come back again. The only reason I'm not giving this a 5 star rating is because it was a bit expensive.
Deep P.
There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
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Example: There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
El plato estaba excelentemente preparado. A la parrilla, jugosa y fresca sin un toque de pescado. Un esmalte de salsa de mandarina trajo un toque de dulzura. El pescado se colocó en un montículo de arroz dulce de plátano. The combination of the fish and rice alone was to die for!
However, as only expert chefs can achieve, additional garnishes provided even bolder, beautiful tastes. Pickled onions topping the fish made for an even finer taste experience, while green beans hidden under the fish added freshness and completed each bite
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Shanghai River
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2015 China (Shanghai) Forex Expo
The 2015 China (Shanghai) Forex Expo will be taking place on July 10-11, 2015 in Shanghai. It will be a two-day event for brokers, traders, investors, affiliates and IBs from across China as well as across the world.
The 2015 China (Shanghai) Forex Expo will be taking place on July 10-11, 2015 in Shanghai. It will be a two-day event for brokers, traders, investors, affiliates and IBs from across China as well as across the world. With all kinds of activities including forex award ceremony and B2B networking, brokers and financial technology providers will not only have the opportunity to communicate with each other, but also will have the chance to meet with people from the forex and binary option area.
It is a money show and traders expo. Forex conference will be held paralleled with the exhibition. Visitors will benefit from this well organized financial event. Shanghai is the optimal choice for many brokers who first start their business in China . We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo.
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All tax residents in Spain must declare to the Spanish Tax Agency the assets and rights owned by them that are located outside the Spanish territory. Severe fines could be imposed for not complying with this obligation.
Last October 28th, the 360CINC Space hosted its first conference since it opened its doors last August.
The Association of Businesses and Institutions 22@Network bcn, consisting of more than 100 companies and institutions and managed by Ramon Salabert, has renewed its Executive Comittee with the nomination of Enric Urreta as vice president Enric Urreta, Managing Partner at CINC.
Entrepreneurship is not easy and it needs an important investment of time and money when any activity starts. Any time saving in the bureaucratic process and money saving on the office rent and minimum equipment will be welcome.
On Friday July 31st took place the last session, the awarding of diplomas and closing ceremony of the sixth edition of the Summer Startup School, organized by CINC (International Business Center of Catalonia).
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2015 China Forex Expo
Event Name:В 2015 China (Shanghai) Forex Expo Time:В September 11th-13th, 2015 Venue:В Shanghai Mart Industry:В Finance City, Country:В Shanghai, China Briefing:В В The 2015 China (Shanghai) Forex Expo will be taking place on September 11-13, 2015 in Shanghai Mart. It will be a two-day event for brokers, traders, investors, affiliates and IBs from across China as well as across the world. With all kinds of activities including forex award ceremony and B2B networking, brokers and financial technology providers will not only have the opportunity to communicate with each other, but also will have the chance to meet with people from the forex and binary option area. В В В It is a money show and traders expo. Forex conference will be held paralleled with the exhibition. Visitors will benefit from this well organized financial event. Shanghai is the optimal choice for many brokers who first start their business in China. We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo. Organizer:В Interaction Pros Limited Tel: +86-21-3126 1015 www. chinaforexexpo. com
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We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo.
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We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo.
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Forex Forum
The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers . There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading .
Forex News
The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading . There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum . Es como una sala virtual de comercio de divisas. Esto está abierto a los comerciantes de divisas de todos los niveles de experiencia para ver, pero sólo los profesionales experimentados de comercio de divisas pueden publicar.
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Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database . You will also find technical indicators on the fx trading charts, e. g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View. com.
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The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.
Forex Trading
Forex chart points are in a currency trading table that includes; latest fx trading high-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.
FX Trading
Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Busque actualizaciones en el Foro de Forex cuando la galería de gráficos se actualice.
Forex Blog
Global-View. com also offers a forex blog . where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View. com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum . there are also Member Forums available for more in depth forex trading discussions.
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Forex 2011
Goodman’s Swing Count System
Historical Perspective The Principles of Goodman’s Swing Count System were informally set forth in a series of annotated commodity charts from the late 1940’s to the early 1970’s. These trading studies simply titled ‘My System’ were the work of Charles B. Goodman and were never published.
Make The Currency Cross Your Boss
How to Read a Chart & Act Effectively
Introduction This is a guide that tells you, in simple understandable language, how to choose the right charts, read them correctly, and act effectively in the market from what you see on them. Probably most of you have taken a course or studied the use of charts in the past. This should add to that knowledge.
Taking Profits
So much time is spent on entering a trade. Today I want to focus on some exit strategies. This is not a full Fibonacci course, so if you don't understand the basics I suggest that you visit my website for help with those aspects.
High Probability Trading
Even traders with limited experience start to realize that we are not trying to capture every market move. We want to improve our odds and reduce our frustration by filtering, for high-probability trades.
Leverage is not even a double-edged sword, it’s a guillotine - and your head is on the block – PART 2
Leverage is not even a double-edged sword, it’s a guillotine - and your head is on the block – PARTE 1
Essential Elements of a Successful Trader
Forex Market Overview
Automated Forex Trading: The Easy Way To Make Money With Currency Trading?
Shanghai Shanghai
If you have legs, walk over to Parker Place, there's a better alternative to Shanghainese food court food than this one, your pocket and… Read More
If you have legs, walk over to Parker Place, there's a better alternative to Shanghainese food court food than this one, your pocket and taste-buds on your tongue will thank me. even if it is pouring cats and dogs and thunder is about to strike you getting to the other place. really this place is not worth it. I was trying to find exactly where in Yelp this place was located under. as it is no longer called Shanghai Shanghai but now Shanghai Gourmet House. in the name it is a joke as the only 'Gourmet' is in the quality of the signage that is hanging in this stall at the food court of Aberdeen! So how did I even end up here. my memory of this is just like yesterday. actually it was yesterday. and here's the story:
Meeting other family members at Aberdeen food court, we came around the lunch rush of Sunday, and after fighting off the stupid crawl of parking, and finally finding a spot we ended up at the food court where they were eating already, and my brother and I decided to tour the area to figure out what we wanted, in the end we decided to knock our hunger down with some Shanghainese, a little skeptical as everywhere else was busy, and this place wasn't, but no matter, it has been here long enough so I was finally going to have a taste of what they have been serving with my own taste buds. I let my brother be in charge of ordering, and it went like this: XLB, pan fried buns with meat (shengjianbao 生煎包), sticky rice with donut and pork fluff (ci fan) and we were also given some broths (none that I tried) and we went to look around while they were preparing our food.
After walking the nearby toy store, and wasting the waiting time away we came back and presented our number and received our trey of food and brought it to our table. I had to do a double-take at the dead looking food on our trey, everything looked like one-finger cooking. or close to it, urgh. this is going to be fun ingesting this stuff. At least they gave us enough utensils and napkins to eat all this stuff that was considered food.
On to the food, and looking at the XLB's you just knew they were from a frozen bag, no matter. I've known places that do this trick and still have a good turn out in the finished product, these. just like the rest of the food, wasn't even hot, luke warm. sure, like when your lazy and you didn't add enough seconds to the microwave. Biting into these flat dumplings the first rule of thumb on any XLB is to bite a bit to release the soupy goodness. well I bit, I even decided to use the spoon to pour what was inside, a few measly drops. honestly pass this up. go buy yourself some frozen ones. I bet you maybe more successful coming closer to eating out than this. The next thing I decided, hesitantly, on trying was the pan fried buns with meat. another failure. doughy outside that was more steamed than pan fried. there was barely a fried crust on the bottom on these. and the small morsel of meat, talk about cheaping out and laying it on the customer. Guau. The last piece of food. (or whatever you call it) was the real kicker. FAIL. the sticky rice with donut and pork fluff was just awful, they didn't use sticky rice, but red rice, and it was soggy, like eating mush. the only thing holding it together was the plastic see-through wrap, talk about needing to reduce the water, I didn't need teeth for this. and there was barely a donut in there, as it was lost within the mushy sea of dark rice, I don't even know if there was any pork fluff. I already lost my appetite on even trying those two bowls of murky liquid. no thank you.
Money down the drain. most definitely, if there were meals you could redo. this would be one of them. but at least I tried. and I guess trying is part of the battle, this one was lost. right away too! Should have lined up at the busier stalls, or took a walk out in the rain.
Ok, the wait is quite long for food court food. But the XLB (little soup filled meat buns/dumplings) was pretty tasty. We have had… Read More
Ok, the wait is quite long for food court food. But the XLB (little soup filled meat buns/dumplings) was pretty tasty. We have had Shanghai Shanghai almost every trip to Vancouver. Here is the thing, when I go to Vancouver, I have a list of restaurants I want to try. And I always make a point to have XLB somewhere. Well, it's hard to walk into a restaurant and JUST order a XLB and then walk out. And it's not something you can just bag it and take it home to eat (cause it won't be good).
So when I have a list of restaurants and know that I must have XLB somewhere, Shanghai Shanghai is where I go. cause it's in a food court and pretty darn decent XLB. I can get an order of it and still have the tummy space to go to an actual restaurant. So is it the best XLB I've ever had? Course not. But it does satisfy the craving.
Another place in Aberdeen with a semi-decent line-up. Every Asian out there knows. if there's a line-up, you join the lineup too. Just… Read More
Another place in Aberdeen with a semi-decent line-up. Every Asian out there knows. if there's a line-up, you join the lineup too. Just because.
Parking is available in the nearby lot. Might have to fight the occasional Asian mom and her Lexus SUV to get a good spot though. Just sayin'..
The lineup here was pretty slow. It was about 10 minutes before we got our food.
The XLB (xiao long bao) is always the benchmark to judge the quality of a Shanghai joint. They were filled with a decent amount of delicious soup, and the meat was fine too. However, there was something off about the skin. It was a bit thicker and harder (not brittle but follow my drift), than say Chen's, Moutai, or Shanghai River. In other words, they weren't fresh, and probably came here frozen. The ones in Shanghai also taste better, but of course this isn't a fair judgement. Again, just sayin'..
Actually the real (more legit) reason I gave this place 3 stars was their beef noodle soup. The beef and soup were fine, but their noodles were clumped together like wet hair. Not sure if they skimped on the flour while making it or something, but this was a bit of a nasty surprise. I'm wondering if the long wait during ordering had something to do with this happening. Hopefully you'll have better quality noodles when you go.
The food is decent if Shanghai-style is your thing, but if you are up for another type of food, there are other options in this food court.
I agree fully with Jespeter and Edward This is a solid 3 star for a foodcourt - possibly the JUICIEST /SOUPIEST XLB (xiaolongbao) I've had.… Read More
I agree fully with Jespeter and Edward This is a solid 3 star for a foodcourt - possibly the JUICIEST /SOUPIEST XLB (xiaolongbao) I've had. They aren't that much cheaper than if you went to a restaurant but if you just want some XLB NOW - it ain't bad.
IT is steamed fresh and it will come on styrofoam with the paper sheet from the steamer - definitely not the pretty bamboo steamer tray we would like to see but it WAS fresh.
There was something off about these though. The pork was just pork. No texture, very smooth - no gristle but no chives or green onion. Good XLB needs to have minced pork with at least green onion or chives..there needs to be some texture - these ones were just really smooth pork. Another thing was the wrapper tasted just kind of. gummy. I dunno, the skin was very thin - taiwanese style - and it didn't burst as you were eating it! but it was missing some sort of flavouring. The broth inside was good.
hmm..in fact the more I talk about the XLB the more I kind of want to drop this place to 2 star..i think what is cool is that it is a foodcourt and they had passable XLB.
ok fine..2.5 stars. )
*note that the vinegar they give you doesn't have ginger. poo.
I don't think myself a mean person. Yea, the line up is slow, I was so tempted to poke the person in front of me so they can leave from… Read More
I don't think myself a mean person. Yea, the line up is slow, I was so tempted to poke the person in front of me so they can leave from frustration. The waiting is slow, I doubt what they're cooking behind the door and food window is food made totally from scratch. Food in Richmond can be dodgy, I'm speaking from lots of experiences. And it's not like a styrofoam box nor plate makes it ever more homy, far from touching anywhere close to my heart. But it's food court food. I'll play nice.
Converted from a friend of mine, I didn't think I'd come to find a specialty food in the midst of the cheap neon lights of the food court. They have the tastiest and juiciest Xiao Long Bao I have ever came across in MY LIFE. But when I ordered the other things in their menu, I was thoroughly disappointed (too much salt is bad for you
) So I guess I'll just stick to the little pork buns until I am proven wrong otherwise. (Tough luck.)
Don't go here is this place. Too bad I can't leave no stars. Very bad customer service and very bad people skills. I ordered one item and she… Read More
Don't go here is this place. Too bad I can't leave no stars. Very bad customer service and very bad people skills. I ordered one item and she over charged me and when I asked why she had over charged me so much for one item she the counter person lied to my face said I had ordered two items. Why argue just give back my money that you over charged me. No more going to this place. There are other places that are better.
Oh how the mighty have fallen.
This used to be a decent place for XLB's in Richmond. Couldn't quite compare to staples like Cheng's or… Read More
Oh how the mighty have fallen.
This used to be a decent place for XLB's in Richmond. Couldn't quite compare to staples like Cheng's or Shanghai River, but it had two things going for it: you didn't have eat a whole sit-down meal for the juicy little suckers, and they were freshly made and arrived pipping hot. They used to make them out right behind the glass counter to order. And this was all done out of a food court stall in Aberdeen. Respect.
Cue to my recent disappointing visit. Shanghai Shanghai now has a new facelift, complete with pictures and a broader selection. The quality of the food, sadly, has suffered as a consequence. My XLB's were half the size, thick-skinned, and had that artificial, premade taste to them.
It's a sad day for authentic handmade dumplings.
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Alexa H.
I loved this business. The service was courteous, professional, and the experience was overall a pleasant one.
Brittany C.
Fantastic service! Wouldn't hesitate to come back again. The only reason I'm not giving this a 5 star rating is because it was a bit expensive.
Deep P.
There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
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Example: There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
El plato estaba excelentemente preparado. A la parrilla, jugosa y fresca sin un toque de pescado. Un esmalte de salsa de mandarina trajo un toque de dulzura. El pescado se colocó en un montículo de arroz dulce de plátano. The combination of the fish and rice alone was to die for!
However, as only expert chefs can achieve, additional garnishes provided even bolder, beautiful tastes. Pickled onions topping the fish made for an even finer taste experience, while green beans hidden under the fish added freshness and completed each bite
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China (Shanghai) Forex Expo 2015 – Forex-Ratings. com
China (Shanghai) Forex Expo 2015
Date: 2015, September 11th-13th
The 2015 China (Shanghai) Forex Expo will be taking place on the 11-13, September 2015 in Shanghai. It will be a two-day event for brokers, traders, investors, affiliates and IBs from across China as well around the world. With all kinds of activities including forex award presentation and B2B networking, brokers and financial technology providers will not only have the opportunity to communicate with each other, but also will have the chance to meet with people from the forex and binary option industry.
It is a money show and traders expo. Forex conference will be held paralleled with the exhibition. Visitors will benefit from this well organized finance event. Shanghai is the first priority city for many brokers who first start their business in China. We expect more than 40 forex and binary option exhibitors and tens of forex media will join the expo.
We welcome you to register and share with us!
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World’s first Forex prepaid card issued in conjunction with Diners Club International
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Card holders will have access to more than 35 million merchant locations and more than 1 million ATM and cash access locations across 185 countries
Axis Bank, a market leader in travel currency cards, today announced the launch of the world’s first Forex prepaid card issued in conjunction with Diners Club International, a business unit of Discover Financial Services. The Forex Card will run on the Discover Global Network, the third largest payments network in the world, providing card holders with global acceptance.
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The EMV chip embedded card will make payments more secure. The card comes at no additional cost to customers and is available at the same price as Axis Bank’s existing Forex Cards.
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Others - Remittances
Wire Transfers
HSBC Wire Transfers enable you to fund your NR account with The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India), in just 2 working days*, safely. What's more, you can send money in as many as 14 currencies!
So go ahead - wire your funds in any of the following currencies - US Dollars (USD), British Pounds (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollars (CAD), Australian Dollars (AUD), Hongkong Dollars (HKD), Singapore Dollars (SGD). Swiss Francs (CHF), UAE Dirhams (AED), Saudi Riyal (SAR), Swedish Krona (SEK), Danish Krone (DKK) or South African Rand (ZAR).
In case you would like to wire transfer funds to HSBC India, you will need to provide the following instructions to your bank :
Kindly arrange to remit _______________ (currency and amount) to HSBC, Mumbai account no. ________________ (from table given below) with ________________ (Bank name and location - from table given below) for further credit to account no. ____________________ (your / beneficiary account no.) with HSBC, India - SWIFT Code: HSBCINBB.
Funciones & amp; Benefits
Use wire transfers . For your high value remittances.
Faster transfers . Credits into your NR account in just 2 working days* (from day of receipt of funds by HSBC India)
Ttransfers to other accounts . Once your funds are credited to your HSBC NR Account, transfer funds to other bank accounts in India through Personal Internet Banking offered by HSBC India.
Who can send?
NR Accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) under the Reserve Bank of India Non-Resident Indian Program.
NR deposits are offered under the Reserve Bank of India program for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programs, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India.
Deposits/investments made with non-UK members of the group do not benefit from the protection provided under the UK Financial Services and Markets Act 2000, including the UK Financial Services Compensation Scheme.
NR deposits with the Bank in India are not insured by Federal Deposit Insurance Corporation (FDIC) of the U. S.A. nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. Under current U. S. tax laws, U. S. citizens and residents are subject to tax on their worldwide income. You should consult your tax advisor for the U. S. treatment of income from these deposits.
HSBC India is the branch of The Hongkong and Shanghai Banking Corporation Limited and HSBC India is not regulated in Canada. NR deposits with the Bank in India are not insured by Canadian Deposit Insurance Corporation (CDIC), nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. You should consult your tax advisor for the Canada treatment of income from these deposits.
NRI accounts and services are offered by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). HSBC India is a branch of The Hongkong and Shanghai Banking Corporation Limited. The Hongkong and Shanghai Banking Corporation Limited has a Representative Office in the UAE licensed by the Central Bank of the United Arab Emirates.
Deposits/accounts held with HSBC India are not protected deposits under the Hong Kong Deposit Protection Scheme and are not protected by such scheme.
For Residents within Kingdom of Bahrain, we remind you that deposits made with HSBC India do not benefit from the protection provided under the Deposit Protection Scheme established by the Central Bank of Bahrain regulation concerning the establishment of a Deposit Protection Scheme and a Deposit Protection Board.
Cross-Border Forex Cash Pooling in the Shanghai FTZ
One often overlooked feature of the Shanghai FTZ is the unique advantages it affords foreign investors for transferring funds between their China domestic and overseas entities via two-way cash pooling. This refers to a transaction in which banks facilitate multi-national companies in moving capital between their onshore subsidiaries to an offshore headquarters (or vice versa) via inter-company loans. Companies use cash pooling for a variety of purposes, such as to deploy greater liquidity, more efficiently manage finances, or obtain a better deposit rate than in the revenue’s country of origin.
Cross-border forex cash pooling only recently became possible in China with the lifting of the ban on such activity in the Shanghai FTZ in February of this year. While the People’s Bank of China has announced that cross-border RMB cash pooling will soon be available nationwide, the FTZ retains the unique ability to offer forex cash pooling.
RELATED: Shanghai Free Trade Zone Allows Offshore RMB Borrowing
The following are the basic requirements for setting up a cross-border cash pool:
All companies involved must have positive equity.
The participating company must be part of the same parent company (i. e. cannot be in a Sino-foreign JV). If the overseas company has multiple subsidiaries in China, only one may be identified as the cash pool header.
The cash pool header must be an enterprise registered in the FTZ
Funds transferred into China via the cash pool must be used for the company’s working capital.
In one of the first high-profile cases of a foreign company successfully establishing a cash pool in the FTZ, French electronics distributor Sonepar made its first cross-border RMB transfer in June, after only a little more than a week’s time between the final mandate to the initial transfer.
Companies established in the Zone specially benefit from relaxed restrictions on the percentage of their shareholder equity which may be loaned to their offshore entities (50 percent inside the Zone, as opposed to 30 percent outside of it). This refers to the balance between the total amount of investment and registered capital minus the balance of outstanding loans taken out from abroad. The cap on forex transfers is raised for funds to be invested in the FTZ itself or outside of China.
RELATED: RMB Internationalization and the Shanghai FTZ
The interest rate on the loan may be freely negotiated between the lender and the borrower, but must be based on the arms-length principle. Enterprises are advised to consult with their local tax bureau to obtain more information on market interest rates.
A WFOE can use cash pooling to remit undistributed profits to a foreign related company with which it has an equity relationship. The WFOE’s interest income will be subject to 25 percent CIT and 5.6 percent BT, although the CIT paid in China may later be used to offset income tax liability incurred in the foreign country if there is a DTA in place. Additional costs include a stamp duty charged on the initial bank agreement signed by the enterprise at a rate of 0.005 percent of the contract, as well as a bank commission.
Establishing a Cash Pool in the Shanghai FTZ
The procedure for establishing a cash pool differs between RMB and foreign exchange denominated transfers. In both cases, the participating enterprise must sign a contract with a bank in China stipulating the terms of the inter-company loan and describing the enterprise’s size, revenue, and the purpose of the loan. While a term limit of one year applies, this may be extended with permission from the bank. To obtain this agreement, the company will need to submit a copy of its business license and a board resolution in favor of establishing the cash pool.
(1) RMB cash pooling
An agreement must be signed between the cash pool header and a bank in China, through which the participating enterprise may open a special “domestic header account” for RMB cash pooling. The funds used in the cash pool can only be obtained from business operations and industry investment (e. g. dividends), rather than financing. The cash pooling arrangement must then then recorded with the People’s Bank of China Shanghai, following which funds may be freely transferred. The participating enterprise will be asked to sign an agreement on obligations/liabilities in relation to money laundering, counter-terrorism financing and anti-tax evasion.
(2) Foreign exchange cash pooling
Foreign exchange cash pooling may only be completed by a company registered in the Shanghai FTZ and must be filed in advance with the State Administration of Foreign Exchange (SAFE), in addition to the bank agreement as required for RMB cash pooling. The participating enterprise must open two special bank accounts: a domestic header account and an international header account. During a cash pool transfer, funds must first be placed in the domestic account, then transferred into the international account pending SAFE approval.
This article is an excerpt from the September 2014 edition of China Briefing Magazine, titled “Revisting the Shanghai Free Trade Zone: A Year of Reforms .” In this issue, we revisit the Shanghai FTZ and its preferential environment for foreign investment. In the first three articles, we highlight the many changes that have been introduced in the Zone’s first year of operations, including the 2014 Revised Negative List, as well as new measures relating to alternative dispute resolution, cash pooling, and logistics. Lastly, we include a case study of a foreign company successfully utilizing the Shanghai FTZ to access the Outbound Tourism Industry.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email china@dezshira. com or visit www. dezshira. com .
Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight.
Related Reading
Strategies for Repatriating Profits from China In this issue of China Briefing, we guide you through the different channels for repatriating profits, including via intercompany expenses (i. e. charging service fees and royalties to the Chinese subsidiary) and loans. We also cover the requirements and procedures for repatriating dividends, as well as how to take advantage of lowered tax rates under double tax avoidance treaties.
Adapting Your China WFOE to Service China’s Consumers In this issue of China Briefing Magazine, we look at the challenges posed to manufacturers amidst China’s rising labor costs and stricter environmental regulations. Manufacturing WFOEs in China should adapt by expanding their business scope to include distribution and determine suitable supply chain solutions. In this regard, we will take a look at the opportunities in China’s domestic consumer market and forecast the sectors that are set to boom in the coming years.
Guide to the Shanghai Free Trade Zone In this issue of China Briefing, we introduce the simplified company establishment procedure unique to the zone and the loosening of capital requirements to be applied nation wide this March. Further, we cover the requirements for setting up a business in the medical, e-commerce, value-added telecommunications, shipping, and banking & finance industries in the zone. We hope this will help you better gauge opportunities in the zone for your particular business.
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Forex4you at Shanghai Expo 2013
Dear clients and partners,
From 22nd till 24th of November 2013 Forex4you participated in the Shanghai annual financial exhibition - Money Fair 2013. This expo is the largest personal and corporate finance service exhibition in China. After 10 years of good reputation, this 11th expo has attracted the participation of more than 300 financial institutions and companies from China and foreign countries.
Thanks to the strategic location, Forex4you has attracted the attention of the visitors and exhibitors. We feel encouraged with the enthusiastic response from the visitors and this significantly strengthens our confidence to explore the China market in future.
Forex4you is thankful to all the visitors and we hope to see you in the next expo!
Yours sincerely, Forex4you
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The usage of this website constitutes acceptance of the following legal information. Cualquier contrato de instrumentos financieros ofrecido a la conclusión de tener altos riesgos y puede dar lugar a la pérdida total de los fondos depositados. Antes de realizar transacciones uno debe familiarizarse con los riesgos a los que se relacionan. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings no será responsable de ninguna pérdida, incluida la pérdida ilimitada de fondos, que pueda surgir directa o indirectamente del uso de esta información. El personal editorial del sitio web no asume ninguna responsabilidad por el contenido de los comentarios o comentarios realizados por los usuarios del sitio sobre las empresas de divisas. Toda la responsabilidad del contenido recae en los comentaristas. Reprint of the materials is available only with the permission of the editorial staff.
Shanghai Forex Expo 2015 – Forex-Ratings. com
Shanghai Forex Expo 2015
During 11, 12, 13 September 2015 the annual exhibition "Shanghai Forex Expo 2015"will take place in China (Shanghai). This three-days event will unite traders, investors, partners, IBs and brokers from all around the world. Tens of thousands of participants have applied to attend this unique event! The international broker Fort Financial Services, is approved by the organizers, as a strategic partner of "Shanghai Forex Expo 2015".
We invite you to visit our expo-booth and discuss with our managers in person our innovations and unique services for traders. Among participants of the "Shanghai Forex Expo 2015" you will see the leading analysts and financial experts working in the best companies that provide services on Forex. During the event the best companies, leaders in their respective industries, will be awarded!
We are pleased that the quality of our services has been appreciated by our clients, as well as the organizers of the "Shanghai Forex Expo". The international broker Fort Financial Services is awarded as the «Best STP / ECN broker»!
Publication source Fort Financial Services information Fort Financial Services reviews
Latest Forex Contests
March 17, 2016 Traders Triple Chase contest: the results of February Let's look at the leaders of the contest Trader's Triple Chase by results of February. Currently, only five traders reached the third stage of the contest, and they are now in the same situation, as they all have zero points to start with. March 11, 2016 Winner of Round 18 of Supercharged real contest Round 18 of Supercharged real contest is finished, and our recent round winner is Faidol Barokah from Indonesia. He was ready to give a few tips and to share his ideas on trading with those who are thinking of registering and joining our Supercharged contest. March 4, 2016 Trend leads to victory Any trader knows that trading on news or at the end of the month is a one risky endeavor. The price is changing fast in both ways and such level of volatility requires making tough decisions.
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Notice the correlation among these three instruments. namely, SPX (S&P 500 Index) vs SSEC (Shanghai Index) vs USD:JPY (U. S. $ & Japanese Yen Forex pair).
They've pretty much moved in tandem for several years, now. until very recently, when the SSEC plunged to a much greater extent than the other two, and the U. S. $/Yen Forex pair a bit stronger than the SPX .
I'd keep a close eye on the SSEC for any signs of recovery, and, if there's none soon, we may see another (substantial) leg down on that, with, possibly, SPX and USD:JPY following suit. (You can read further details on the SSEC here at this link .)
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China Business Workshop – Vancouver
Luncheon keynote speaker: Don Lindsay, President & CEO, Teck Resources Ltd. Capitalizing on Growth in China: Teck's Experience
Join the CCBC for the fifth instalment of this popular cross-Canada series. The China Business Workshop offers real-life practical solutions to many of the issues that Canadian companies face when doing business in China. Five speakers will examine key business topics such as quality management and IP protection, and two panel sessions will dig deeper into the relevant issues. A high profile keynote address will also be given at lunch. If you are engaged in business with China, you cannot afford to miss this event.
INDUSTRY EXPERTS JOINING THIS WORKSHOP FROM CHINA AND ACROSS CANADA:
Tony Gostling, Director of Member Services and Outreach, CCBC
Dan Harris, Founding Member, Harris & Moure LLP and author of China Law Blog
Wallace Ip, Team Leader and Trade Commissioner (Investment Promotion) Embassy of Canada in Beijing
Lee Kane, Team Leader and Trade Commissioner (Natural Resources), Embassy of Canada in Beijing
Kristina Koehler, China Director, Klako Group (based in Hong Kong)
Joshua Kroeker, Assistant Vice President (Global Trade and Receivable Finance), HSBC
Bob Kwauk, Managing Partner Beijing, Blake, Cassels & Graydon LLP
Donald Lindsay, President and CEO, Teck Resources Limited
Kishore Sakhrani. Director, Orangefield ICS Limited (based in Hong Kong)
Designed for firms already engaging with China in some way, this program allows firms to explore options for changing, deepening and growing their activity with China.
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Four Seasons, 791 West Georgia Street, Vancouver, BC V6C 2T4
Forming an Entity in China and Hong Kong Kishore Sakhrani, Orangefield ICS, Hong Kong
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How to Sell into China - Market Entry Strategies Kristina Koehler, Klako Group, Shanghai
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RMB & Banking in China and HK-moving money around Joshua Kroeker, HSBC
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Panel - Attracting Chinese Investments - A Strategic Choice and a New Approach Moderator: Lee Kane, DFAIT, Canadian Embassy, Beijing
Program All sessions are 25 minutes plus 5 minutes Q&A
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08:10 - 08:20 Overview of TCS in China, Ren Qing, DFAIT
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There are various techniques and strategies that can be applied in online trading according to investors’ preferences and goals. Some of these methods focus more on fundamental analysis and rely on the overall study of economic factors that affect the global financial markets, while others lay emphasis on the technical analysis of current market changes and trends. Depending on whether one opts for fundamental or technical analysis, the trading tools also vary: some attribute more importance to technical indicators, while others rely purely on the use of candlestick charts.
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Foreign exchange reserves held by China slid by the most on record during the first quarter, fueling speculation the central bank sold holdings to support the yuan as money flowed out of the world's second-largest economy.
Reserves dropped $113 billion to $3.73 trillion, the third straight quarterly decline, data from the central bank showed on Tuesday. Yuan positions on the People's Bank of China's balance sheet, a barometer of capital flows, declined by a record 252.1 billion yuan ($40.6 billion), according to a separate statement.
"The PBOC intervened in the first quarter because capital outflows were serious," said Hu Yuexiao, an economist at Shanghai Securities Co Ltd. "An advancing dollar and weak economic fundamentals in China caused the capital outflows, which will probably continue this year. So the central bank will keep intervening to keep the currency stable."
While the PBOC does not disclose the composition of its reserves, an 11 percent drop in the euro in the first quarter would have weighed on the dollar value of its holdings. Purchases of its own currency to offset weakness are a reversal from years of doing the opposite to keep the yuan competitive.
The dollar strengthened against 14 of 16 major currencies in the first quarter, according to data compiled by Bloomberg. The Bloomberg Dollar Spot Index, which tracks the US currency against 10 leading counterparts, jumped 6.2 percent.
"The dollar has been very strong over the past quarter, and that's affected the value of Chinese reserves held in other currencies," said Mark Williams, chief Asia economist at Capital Economics Ltd in London. "The days of massive intervention by the People's Bank to stop the yuan from strengthening are over."
Falling yuan positions at Chinese financial institutions in January suggested the central bank had intervened to curb yuan weakness, Barclays Plc and Goldman Sachs Group Inc said in research notes published in the past two months.
The decline in reserves could "be affected by the PBOC's intervention to shift the renminbi from depreciation to modest appreciation in recent months", Australia & New Zealand Banking Group Ltd said in a note.
(China Daily USA 04/15/2015 page13)
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Gold And Silver - Shanghai Exchange Effect On Silver?
Michael Noonan of Edge Trader Plus - IF - Sat Mar 19, 1:56AM CDT
Saturday 19 March 2016
The trend for silver remains down, for now, but there is something going on within this market that does not confirm a change in trend but "appears" to be indicting a one. It has been acknowledged that the fundamentals for both silver and gold are overwhelmingly positive, yet price has not responded. More accurately, price has not been allowed to respond by the globalist's manipulation via their central banks, in general, and specifically by the both military and money might of the also manipulated United States, the federal corporate government version.
The question that arose in our mind for the past few weeks has been: are we seeing the effects of the Shanghai Exchange on silver? In other words, while the belief that the East is now overtaking the West in financial power, in the form of acquiring gold and silver, has been widespread, it has not yet been reflected in price behavior.
Everyone knows that the effects of manipulation, now being countered by the rise in power of China, and even Russia, had to lose its grip against the undeniably strong fundamentals for both silver and gold. With the blatant exercise of market/price control by COMEX and LMBA not even being cleverly disguised, China, having the loudest but silent voice, indeed now even control over what goes on in PMs, is taking a page from Theodore Roosevelt's foreign policy by "walking softly and carrying a big stick" and China beginning to exert its influence.
COMEX and LBMA. once the pillars for precious metals, have now decayed into a Comedy Central tag team that has lost its audience and credibility. China does not play, nor does it tolerate, that kind of low-level display of incompetence masquerading as authority.
Both exchanges have been derivative-driven, doing everything [un]imaginable to protect their excessively hypothecated Ponzi scheme and no longer function as legitimate sources that stand ready to deliver gold and silver on their futures contracts. They offer digital "currency" instead of actual delivery of any physical metal.
再 见 COMEX, 再 见 LBMA. [Bye-bye], your days are coming to an inglorious end. 你好 Shanghai Gold Exchange, [Hello], where physical metal is actually delivered and just as importantly, price will reflect real supply and demand, that is once the switch is fully implemented and China pulls the switch on COMEX and LBMA. Sum Ting Wong with the way you do business.
This is our sense of why silver refuses to be pushed lower with impunity by globalist interests and why silver has begun to exhibit a change in behavior that, while not being definitively seen as a change in trend, it may now be recognized as what so many have been so eagerly awaiting for: reality to come center stage for gold and silver. It further explains what we have been saying for the past few years: fundamentals are not what are moving the PM markets. They should be, and they have been relentlessly bullish but with no bullish impact.
One thing about reading developing market activity, via price in volume depicted in a chart, is that one does not always have to have an answer for what is going on. In fact, when the market "story" is not clear, that is a sufficient message in itself. It suggests change, transition, and the process takes time and may not be readily defined from time to time. It is okay not to know.
Markets, even manipulated ones, are organically undergoing change in process at all times, and when clarity is not apparent, wait for it to sort out, as it always does.
Silver's refusal to break lower in July through August of 2015, and then again from October through December of 2015 looks like an expression of market change not yet completed, hence the lack of clarity. Our "The Fundamentals Do Not Matter" mantra, at least for the past few years, may be coming to an end, and the globalist's banker's paper market, where "the paper holds their folded faces to the floor, and every day the paperboy beings more." [From Pink Floyd's appropriately entitled song, Brain Damage.], is coming to an end.
The daily chart is least conclusive, at least for us. The current rally stalled at a prior failed swing high from last October. Yet, the market, as of last Friday, just made a higher high, however tenuously, after having formed a higher low last month. While Friday's activity could be a red flag leading to a correction, we see no [overt] supply entering the market. The two high volume days are not supply, so much, but neither high volume effort has led to further upside, so it can be sellers still present meeting the efforts of buyers, where sellers may eventually losing their control without having fully lost it.
Change takes time. Silver is looking better. The gold/silver ratio peaked at 83+:1 in the past two weeks and closed around 79:1 on Friday, as silver held better than gold. We still see silver outperforming gold to the upside, and the ratio does not stay over 80:1 for very long before realigning to a lower ratio, and that favors silver.
While gold is obviously at a resistance level from the failed rally of January 2015, what stands out is the strength of how gold reached that level: in a very strong manner, and that speaks to the character of a market. Bars have been overlapping for the past five weeks, and that reflects a battle between buyers and sellers. By contrast, the three-weeks just before the five weeks just mentioned shows EUM [Ease of Upward Movement], where there was no battle waged between buyers and sellers. Buyers took control and ran with it.
The chart comments express our take on this market. The potential failure of a swing high, as noted, has to be respected. What may weaken its impact is how price moved strongly to get there, and while the bars have been overlapping since almost mid-February, there has been zero evidence of a strong reaction lower. Weak reactions, as gold is showing for now, usually lead to higher prices.
It appears gold may also be transitioning in its trend, stopping the downward trend and moving more sideways in preparation to go higher.
This is the Chinese Zodiac Year of the Monkey.
The monkey is a clever animal. It is usually compared to a smart person. During the Spring and Autumn Period (770 - 476 BC), the dignified Chinese official title of marquis was pronounced ' Hou ', the same as the pronunciation of ‘monkey’ in Chinese. The animal was thereby bestowed with an auspicious meaning. Veremos.
In reference to last Wednesday's strong rally bar, the goofs at COMEX "fixed" the settlement price $30 lower from where price was at the time of closing. This is another example of why we say the attempts to manipulate the market are not even disguised as this was an obvious effort to cater the globalist's bank's derivatives positions. Bankers have no shame, just pure greed.
Keep buying physical gold and silver. We favor silver for the extreme ratio status, at present, but if one prefers gold over silver, just keep on buying and personally holding.
Shore Capital Research LLC
The 2015 China (Shanghai) Forex Expo, a three-day event for brokers, traders, investors, affiliates and IBs from across China as well around the world.
With all kinds of activities including a forex award presentation and B2B networking, brokers and financial technology providers will not only have the opportunity to communicate with each other, but also will have the chance to meet with people from the forex and binary option industry.
With a growing affluent and upper middle class in China, this event will provide the know-how about what’s moving the markets via a range of free seminars and an exhibition of forex products and services.
It is a money show and traders expo. Forex conference will be held paralleled with the exhibition. Visitors will benefit from this well organized finance event. Shanghai is the first priority city for many brokers who first start their business in China. More than 40 forex and binary option exhibitors and tens of forex media will join the expo.
Over 20,000 attendees are expected at the three-day event.
Date: September 11-13, 2015. Venue: Shanghai Mart, Shanghai, China
For more information and to register for the expo click here
To book a booth please contact: Tel: +86-21-3126 1015 E-Mail: info@chinaforexexpo. com Skype:chinaforexexpo
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1. Int’l airfare, taxes and fuel surcharges 2. Gratuity for tour guide and driver (suggest $10.00/per day per person) 3. Chinese Visa fee ($80 for single entry + $50.00 service fee) 4. Any personal expenditure, such as phone bills, laundry… etc 5. Travel Insurance (Medical and Trip Cancellation/Interruption) 6. Any other charges caused by the acts of God, natural disasters, fires, weather, governmental and local authority’s orders, political change, strikes, war, riots, quarantine, custom regulations, damages or injury caused by the accident beyond the responsibilities of travel agents and incurred due to the tourist action violating the law 7. Any items not listed in the itinerary.
Tour Highlight: The Bund, Yuyuan Garden, Nanjing Road, Old Town area of Shanghai
Hotel Information: Best Western New Century 4-star **** Or similar
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China Removes Cap on Forex Deposit Rates in Shanghai
China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation.
The People’s Bank of China said today it will remove the ceiling on foreign-currency deposit rates across the city effective tomorrow for what it described as small accounts. The trial will start with institutional accounts and individual accounts will be added later based on “market conditions,” it said in a statement.
The PBOC abolished limits on foreign-currency interest rates on March 1 for deposits of less than $3 million inside Shanghai’s free-trade zone as part of plans to give markets a greater role in setting prices. The central bank, which removed the floor on most lending rates in July 2013, will liberalize state-set deposit rates within one to two years, Governor Zhou Xiaochuan said in March.
“This is a small step in deposit-rate liberalization because forex deposits are a tiny fraction of the total,” said Dariusz Kowalczyk, senior economist at Credit Agricole SA in Hong Kong. “However, the removal of forex deposit caps does represent a step towards liberalization of interest rates and will increase hopes for raising the cap on yuan deposits in coming months. This in turn would lead to higher rates throughout the economy.”
Banks Struggle
The PBOC set a ceiling of 3 percent on one-year U. S. dollar deposit rates in May 2005, according to its website. Banks are currently offering well below that level, with Industrial & Commercial Bank of China Ltd. the nation’s largest lender, paying 0.8 percent and China Merchants Bank Co. paying 0.7 percent, according to their websites.
Interest-rate deregulation will add to pressure on China’s biggest banks, whose shares are trading near record-low valuations as they struggle with increasing non-performing loans and weaker earnings growth. Banks’ net interest margin, a key measure of lending profitability, fell to 2.58 percent as of March from 2.68 percent in December, according to the China Banking Regulatory Commission.
The central bank didn’t define the size of small accounts in today’s statement. The PBOC will take measures if it sees significant flows in deposits or large movements in interest rates at certain banks, until temporarily suspending the service, Zhang Xin, head of the PBOC’s Shanghai branch, said at a press conference in the city today.
‘Spill-Over Effect’
China had $565.8 billion of foreign-currency deposits as of May, equivalent to about 3 percent of the 109.8 trillion yuan ($17.6 trillion) in local-currency savings, according to central bank data.
Foreign-currency deposits in Shanghai account for one-seventh of the national total, or $76.7 billion at the end of May, of which 26.4 percent are deposited in small accounts, according to Zhang.
Local banks have set up a committee to regulate activity and prevent significant flows in deposits or large interest-rate changes, Zhang said. Existing regulations place few restrictions on customers opening accounts in different places, so money transfers aimed at taking advantage of rate differentials within a bank need to be properly controlled, Zhang said.
“There could be broad spillover effects,” he said. “We hope the market will be basically stable: no abnormal or large changes in interest rates, or large flows of deposits between banks or across regions within the same bank.”
Complete Liberalization
The State Council, or cabinet, said after a meeting last month that the government will cut funding costs and maintain reasonable growth in credit as economists forecast the weakest expansion in 24 years. The banking regulator on June 6 vowed to expand loans to small businesses, infrastructure projects and first-home buyers, and said it may ease the ratio of loans to deposits by including some stable sources of deposits in the calculation.
“We are just a few steps away from a complete interest-rate liberalization,” said Tang Yayun, a Shanghai-based analyst at Northeast Securities Co. “But the process could be delayed as the government battles against a slowing economy and rising borrowing costs. Naturally the deregulation would lead to higher deposit rates and eventually higher borrowing costs for companies.”
2015 China Forex Expo
Event Name:В 2015 China (Shanghai) Forex Expo Time:В September 11th-13th, 2015 Venue:В Shanghai Mart Industry:В Finance City, Country:В Shanghai, China Briefing:В В The 2015 China (Shanghai) Forex Expo will be taking place on September 11-13, 2015 in Shanghai Mart. It will be a two-day event for brokers, traders, investors, affiliates and IBs from across China as well as across the world. With all kinds of activities including forex award ceremony and B2B networking, brokers and financial technology providers will not only have the opportunity to communicate with each other, but also will have the chance to meet with people from the forex and binary option area. В В В It is a money show and traders expo. Forex conference will be held paralleled with the exhibition. Visitors will benefit from this well organized financial event. Shanghai is the optimal choice for many brokers who first start their business in China. We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo. Organizer:В Interaction Pros Limited Tel: +86-21-3126 1015 www. chinaforexexpo. com
Visitantes
We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo.
Exhibitors
We expect more than 40 forex and binary option exhibitors and dozens of forex media will join the expo.
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Bienvenido
Summer 2016 Study Abroad in China
Application Deadline: March 28, 2016 ( first come first served )
As the oldest civilization and fastest growing economy, China is a land of mystery, promise and attraction, and it is changing our world. This travel-and-study-in-China program, with tours to five renowned cities and multiple course offerings, provides unique opportunities for students to expand their knowledge of Chinese culture, language, history, business and economic developments.
The program is designed to help students to gain first-hand experience about Chinese culture through a combination of class meetings, seminars, and field trips to many places of historic interest and cultural importance.
The five famous Chinese cities students will visit are:
Beijing -- China’s national capital, in North China.
Xi’an -- capital of 10 Chinese dynasties, starting point of the ancient over-land Silk Road, in West China.
Nanjing -- China’s ancient capital, on the lower reaches of the Yangtze River, in Southeast China.
Suzhou -- famous scenic city well-known for its exquisite gardens and water towns acclaimed as Oriental Venice, west of Shanghai.
Shanghai -- China’s leading metropolis & financial center, in East China.
Students will experience wide geographic differences and varied regional customs & cuisines, while learning about the uniqueness of China’s cultural renewal and modernization process. In addition, we also help organize side trips to Hong Kong. Sanya (Oriental Hawaii). Guilin. Yellow Mountain (most beautiful mountain in the world) and Tibet .
We can also arrange your stay-over in Japan or South Korea, as additional side trips, on departing/returning trip.
The program’s itinerary is closely related to the courses students study, and it is managed by professional travel agencies.
In each city, we can have easy access to colleges and universities, but do not stay in student dorms as conditions in campus dorms are not what we want to have. The travel agencies always pick very nice business hotels for our group, hotels that provide excellent service, tasty meals and the comfort you will appreciate.
It is a faculty-led program, offered every Summer I (June) & Winter Intersession (January) and open to all CUNY campuses and to any other U. S. colleges.
Enjoy Study & Living in Nanjing
The program starts with tours in Beijing and Xi’an. After the first two cities, we arrive in Nanjing where to stay for about 2 weeks (for more in-depth explorations, class sessions and side trips to Hong Kong, etc.). Then we continue with tours to Suzhou & Shanghai. After Shanghai, students fly back home.
As capital of 10 ancient dynasties, Nanjing is a famous historic city by the Yangtze River, and a charming modern metropolis, with dozens of colleges and universities. It is only one hour to Shanghai by high-speed train.
According to New York Times, a rising Nanjing now also thrives on youth and art (click this for report).
In Nanjing, our hotel is in the center of the city, the downtown area, right by the picturesque Xuanwu Lake-Park, next to the Hunan road shopping district--it is an area with many restaurants, coffee houses, bookstores, museums, supermarkets, shopping malls, theatres, nightclubs, luxury hotels, etc. The hotel provides all necessary conveniences (AC in summer, heat in winter, laundry service, international calls, & internet access with WiFi). The hotel is also in the vicinity of several prestigious universities.
Nanjing adds a lot of leverage to the content of our courses. Students can visit many historic sites in the city and build connections with assigned readings: the Confucius Temple, Buddhist monastery, the Daoist temple, Imperial Examination Center, Presidential Palace, Nanjing Museum, the tomb of the Ming emperor, Museum of Taiping Kingdom of Heavenly Peace, etc.
The city also occupies an important position in modern Chinese history: it was the starting point of the maritime Silk Road, and the capital of the Nationalist government before the Communists took over in 1949. As center of the most affluent province, Nanjing serves as a window to China’s miraculous economic takeoff and on-going modernization. More info about Nanjing.
By cocoeater of vancouver (323 Reviews)
Submitted Monday, August 20, 2007 - 10:20am [Dine in]
Tried this place for the first time and have not had previous experience at their previous restaurant. Got there pretty early before 6pm and there weren't too many people yet. Good appies with the cold duck, jelly fish, fish etc being very good. The steam dumplings were very good so we ordered more. A set menu was chosen and crab with rice cakes, boneless duck with Taro, steamed pork was very good. The veggies with mushroom were OK. Overall a good value with lots of left overs. Good dessert, deep fried doughnuts with red bean paste covered with powder sugar. A bit rushed as all of the dishes came quite fast. I guess they want to turn the table quick.
Fue este repaso útil? 6 / 10 users found this review helpful.
Only sorta wonderful
By kewpiebaby of Vancouver (200 Reviews)
Submitted Friday, November 20, 2009 - 11:27am [Dine in]
Decent Shanghai cuisine - good portions, price and selection but nothing overly wow-ing. Came here twice with friends and the food comes fast but it's not that yummy. I think I prefer the other Shanghai places in Richmond more. Not sure what the big hype is with so many competing places, the actual food in Shanghai is way better and you can get so much more for your buck. =)
Fue este repaso útil? 5 / 12 users found this review helpful.
Great B-day dinner!
By azn_msfyt of Delta (194 Reviews)
Submitted Tuesday, June 10, 2008 - 8:59pm [Dine in]
Food: everything we ordered was really quite good. We had xiao long bao, tofu with enoki mushrooms, shanghai fried thick noodle, crispy rice with shrimp in tomato sauce, vegetarian hot and sour soup, eggplant and tofu in black bean sauce, chicken in wine and ribs in some type of red sauce. The tofu was deep fried and tasted really good with the enoki mushroom sauce - very interesting textures and the sauce was amazing. I could actually talk about each and every dish in a positive way.
Service: We came in early to drop off the b-day cake and the hostess was really nice about it. We were able to easily flag someone down to order, tea was refilled quickly, dishes cleared in good time and they even re-dished our chicken so it could fit better on the table. After the meal, they cleared our table, and gave us plates, forks and lit the birthday cake candle so we could serve the cake to the birthday girl.
Value: 8 dishes came to 97 before tip - that's pretty damn good.
Ambiance: Great partially open kitchen concept and nicely lit. Not a lot of matching chairs but I didn't really care. It was a nice place that I would happily bring out of town guests to.
Overall: Highly recommended. Make reservations if you want a table though cuz there wasn't a free one in sight!
Fue este repaso útil? 4 / 9 users found this review helpful.
By xlee8 of Delta (113 Reviews)
Submitted Tuesday, September 18, 2007 - 12:53am [Dine in]
Food: had the deep fried bun which i though was pretty good compared to any i've ever tried. nice and crispy on the outside. salt rock/pepper ribs was more like battered covered pork cutlets. altho flavourful i prefer the little riblets or pork cutlets minus the batter. 3spiced chicken pot was very flavourful. had this crispy duck dish. i'm not usually a fan of duck but this one is not that fatty so it was ok. finally had this broccoli dish w/ fluffy egg whites which was a big hit at our table. this dish has a decent amt of egg whites on top and even seafood inside which most restaurants dont!
Service: very busy. altho we made reservations we still had to wait at least 15min. servers are not much of conversationalists. i guess they're more about efficiency.
Ambiance: nice and clean decor. try to get a booth if you plan on making table convo cuz it can get pretty loud.
Overall: i wouldnt mind trying some other items on the menu. the price is reasonable and the quality quite good. but def would make sure i make reservations AND dont have any time sensitive plans after dinner as it may take longer than expected.
Fue este repaso útil? 4 / 12 users found this review helpful.
Yum yum yum. Love their Steamed Pork Dumplings.
By jezzme of Burnaby (62 Reviews)
Submitted Wednesday, March 25, 2009 - 2:12pm [Dine in]
Just had my first dining experience at Shanghai Wonderful / Wong and found lunch to be inexpensive, tasty, and fast!
I was impressed when the hostess literally greeted and seated us before the three of us were barely in the door, then by the two ladies at the front "open kitchen" rolling dough and making xiao long baos for the duration of our stay.
I noticed that every table ordered at least one order of xiao long baos (steamed pork dumplings) and / or san jin baos (panfried pork dumplings). We opted for the former, and also ordered a deep fried pork noodle soup, a flakey shredded turnip pastry, and a cold pork dish.
I was really impressed with the food - the xiao long baos were juicy, hot and tender, with thin yet resilient skins to hold in more than a spoonful of soup each! The turnip pastry was slightly sweet, extremely tender and flakey, and the pork dish would have been nice with beer, sake, or wine. The only minus in my books would have been the pork that went with the noodle soup dish. It was a touch too greasey for my liking, but my companions seemed to like it enough, washing down the oil with hot tea and slurping the hot soup that went with the dish.
What made the best impression was that for three people, the bill came to less than $25. A plus in my books!
I will definately make a point of returning to Shanghai Wonderful to try some of their other dishes.
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Maple Leaf Schools in Shanghai
Maple Leaf International High School Llevar a la fuerza
Set in a heritage district on the outskirts of Shanghai, the newest campus in the Maple Leaf Education System opened in September 2013. This school has the capacity and location to become the most diverse student body of all the Maple Leaf schools, offering a high school program for grades 10-12.
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Meet Salesarcher Team at Shanghai Forex Expo 2015
We would like to bring to your attention that Salesarcher is the proud participant of Shanghai Forex Expo 2015. The three-day event should bring together prominent people in the industry, helping everyone get connections, meet investors and affiliates. Are you going there? If yes, then we would like to meet you. Just come to us at booth #B23 and we will discuss, coordinate and set up a meeting.
We, as one of the first outsource and consultancy companies operating in BO and FX industry could not miss the opportunity to visit the event. Our goal is to spread our vision globally and meet new potential partners, as we are always looking for stable and long-term cooperation in our business.
As you know the industry is getting heavily overloaded with new brands. New technologies are being developed, especially in terms of new trading platforms. As such, the process of opening an FX or BO brand has been greatly simplified over the course of the last years, with more and more business people considering an option to open a brand in the industry. With new trading platforms offering scalable revenue share model, the competition is growing very fast. That is where we kick in, offering a variety of customizable solutions to everyone who has, or still planning to start a new operation. With solid experience in sales, customer retention and call center development, our solutions are tailored to the needs of any brand in the industry, be it a starter or a big company with years of operation.
Our main field of activity is sales outsourcing, and we perfectly blend into current reality where getting a professional BO or FX sales team can be a challenge for many brands. Our team of experienced conversion and retention specialists is ready to help you at any moment. We know how to sell, when to sell and how to approach any customer. On top of that, we are ready to bring up your team in your in-house call-center, educating and managing it in the right way. This and many others things will be the topic of our CEO speech, which starts on the second day of the conference September 12th, 11:00 Shanghai time (UTC/GMT +8 hours).
Please feel free to contact us to schedule a meeting in Shanghai at info@salesarcher. com
We look forward to seeing you there!
And remember, we, at Salesarcher always hit the target !
Shanghai Noodle
Recent Reviews
very pricey, $33 with a tip for a shrimp sandwich with soup, coffee and a hot turkey sandwich. The hot turkey sandwich was a small portion on half a. Lee mas
The best Chinese restaurant in Duncan, BC. It has a good buffet but the weekends it has some extra additions like prawns which are great. I always enj. Lee mas
Sadly I do not think I will be visiting Fan Tan Cafe for meals any more. and it does make me sad because I have been going to this cafe since 1989 wi. Lee mas
The drive through is inconsistent, unreliable and usually rudely serviced. Coffee, the very item they have been promoting like crazy, is rarely. Lee mas
we went there today around 2pm and take a seat in the middle table, it was uncomfortable for us so I ask the server if its ok to transfer to the corne. Lee mas
Cheap Flights from Shanghai to Vancouver, BC, Canada - SHA to YVR
Non-Stop vs Connecting Flights from Shanghai to Vancouver (SHA to YVR)
Your Shanghai to Vancouver flight can be significantly cheaper by choosing a multi-stop airline ticket. Although these connecting flights sacrifice some convenience, on average, travelers save 20%-60% when they choose to fly multi-stop versus a direct flight .
The average price for connecting flights from Shanghai to Vancouver is CNY6,371.
The average price for non-stop flights from Shanghai to Vancouver is CNY7,483.
The chart below shows up to date information regarding non-stop flights from Shanghai to Vancouver.
Nonstop Flight Details from Shanghai to Vancouver
Round Trip vs One Way Flights from Shanghai to Vancouver (SHA to YVR)
We have found that there is often no price difference between buying a round trip flight versus a one way flight. Increased flexibility is the main benefit when it comes to buying a one way flight from Shanghai to Vancouver. However, booking a round trip flight can be a simpler process. You can compare round trip and one way flights by using our flight comparison.
The average price for one way flights from Shanghai to Vancouver is CNY5,129.
The average price for round trip flights from Shanghai to Vancouver is CNY6,319.
Shanghai to Vancouver Flight Questions
Below are some common questions that asked about this flight route:
Question: How long is a direct flight from Shanghai to Vancouver?
Answer: The average Shanghai to Vancouver flight time is 10 hours and 34 minutes.
Question: How many kilometers are there between Shanghai and Vancouver?
Answer: The distance from Shanghai to Vancouver is 9012 kilometers.
Question: How common are direct flights from Shanghai to Vancouver?
Answer: There are 17 direct flights from Shanghai to Vancouver.
Question: What is the most popular airline for non-stop flights from Shanghai to Vancouver?
Answer: China Eastern Airlines provides 58% of the non-stop flights between Shanghai and Vancouver.
Question: What are the most popular connecting cities when flying from Shanghai to Vancouver?
Answer: Los Angeles, CA
Airlines Flying from Shanghai to Vancouver (SHA to YVR)
Below are the different airlines that fly from Shanghai to Vancouver with the average price of their plane tickets. Just remember that different airlines offer different levels of comfort and service, so consider convenience when choosing your airline.
Below is the full flight schedule summary of the next 30 days for flights from Shanghai to Vancouver.
Here's a super quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, QQQ, USD, USO, WTI, OIL, VDE)
Thomson Reuters Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about right now:
¡Mañana! US futures acting great, climbing 1.3% as Crude jumps 4% ahead of OPEC Secretary today and Saudi Oil Minister speaking in Houston tomorrow. WTI roll today also helping. European Markets have their eyes on London, where the pound is having the biggest drop in a year, after Boris Johnson threw his support behind leaving the EU – That said, many large UK-quoted companies with foreign earnings benefit from a weaker pound, and we have the FTSE up 1.2% despite weakness in Fins on HSBC #s. Euro markets are strong, with the DAX up almost 2% as Financials jump from the abyss again – Helping Italy gain nearly 3%, while a strong bid in Divvy stocks has defensive sectors up across the board in Europe. In Asia, Shanghai rose 2.4% as investors cheered the change at the top of the CSRC - Aussie popped 1% on the back of Industrials and Materials - Japan’s PMI posted light, sparking more dovish hopes, helping the Nikkei pop 1%, while the bulk of EM Asia was well bid, save Thailand which was closed for Holiday.
Big Reversal of Haven positions, with Gold retreating from 1Y highs quickly, dropping almost 2% and nearing a $1200 test – While despite JGB’s finally posting their first close in Negative territory, and German 10YY in the red, US 10’s are seeing some pressure, with yields nearing Friday’s peaks in the overnight as we await Vice Chair Fischer + Heavy economic data this week. The Euro is getting smoked (Mixed Eco data + Brexit), and that DXY is getting some sharp legs off the 200dma finally. The Yen is getting beat on (finally) as well, as Forex attention shifts from London to Shanghai, where the G-20 finance ministers meet on Thursday and Friday. With the Weaker $, we have a sharp big under most commodities, Copper up 2% as China buying from Smelters sparks a cover, but other Industrials like Zinc and Platinum jump as well. Focus rests in Energy tho, and we have Oil up 4% as CeraWeek speakers in Houston gear up – While Natty continues to break lower, losing 1.5% as warm weather and La Nina weigh.
Ahead of us today, at 8am IEA publishes Medium-Term Oil Mkt Report. At 8:30 we get Chicago Fed Nat Activity Index, followed by Markit US Manufacturing PMI at9:45. We have 2 Central bank Speakers at 1, where ECB's Sabine Lautenschläger Speaks in Stuttgart and NY Fed's Potter Speaks in New York. At 2:30 WTI Contracts roll over (Spot will stop trading, watch April) – and the OPEC Secretary speaks at 2:50 today from Houston. Down in Washington, Congress gets back from Holiday while ay 11:10 President Obama speaks, takes questions from National Governors Assoc. at White House.
By Akin Oyedele
B. C. Real Estate is Front and Centre in Shanghai
Macdonald Realty’s Shanghai office is meeting the needs of its clients and bearing fruitful results
As the demands of the B. C. real estate market change, realtors and their respective real estate agencies must react accordingly to stay in the game. For one agency, this meant thinking outside of the box and stepping out of its time zone.
When Macdonald Realty opened its office in Shanghai, China, last year, it was branded as “the Canadian Real Estate Investment Centre.” But Dan Scarrow, who manages the Shanghai office, says that his Chinese clients had their own words to describe it. Impressed with the office’s scope, they say that it covers “an entire dragon of services.”
Those services include residential resale, commercial sales and leasing, new development project marketing and property management. While American, Australian, New Zealand and European real estate companies had established offices in China, Macdonald Realty was the first company in China with a sole focus on Canadian real estate. The company decided to open the office as a response to their clients’ desire for better access to the Chinese market.
Scarrow is uniquely qualified to run the office. He has been working with Macdonald Realty for nearly 10 years, and has worked as an executive assistant for the CEO, and as a residential and a commercial agent. He is a born-and-bred Vancouverite, but he is half Taiwanese. “The upshot is that Mainland Chinese see me as a white Canadian, but I’m also able to communicate with them in Mandarin,” he says. “I guess you could say that, in China, I am an authoritative foreign curiosity and hence memorable.”
His company, says Scarrow, has several competitive advantages. “Our intimate knowledge of the market is what makes us uniquely valuable to investors here,” he says. “We are small enough to be agile, but big enough to provide a full range of brokerage, management and advisory services.”
Scarrow works with Chinese clients who are in the process of immigrating to Canada, with new Canadians and with pure investors. Those interested only in investment tend to look at new condos and commercial properties. “What resonates with investors in China is the perception of Canada as a safe and secure investment climate, in contrast with China’s robust, but volatile, environment,” says Scarrow.
In order to stand out in today’s highly competitive real estate market, Macdonald Realty has undertaken several innovative marketing strategies. As technology has made property information widely available to the public, Scarrow notes that the role of the real estate agent has shifted: from gatekeeper of information to interpreter and negotiator. To meet the demands of those roles, Macdonald Realty has been working with an outside training organization to offer all agents the exclusive Certified Negotiation Expert (CNE) designation. Macdonald Realty has also launched its own magazine called Macdonald Realty Luxury Homes, to help market its luxury home listings in Canada and in China. Produced by the company’s own in-house creative marketing team, the magazine has proven to be a hit.
But from his own experience, Scarrow says that the most important way for an agent to get ahead is to be a competent professional first. “Doing a fantastic job with one client will generate more long-term business than even the most successful email campaign,” he says. “Start with the people who know and trust you, do an unbelievable job for them and continue learning about how to be a professional from the good agents and managers around you.”
Expat Views. Living and Working in Shanghai
Shanghai is China's most Westernized city, and the most comfortable one for expatriates without single most difficult aspect of living in Shanghai is the language: Mandarin Chinese is still, by far, the lingua franca, and without mastering the basics, an expatriate won't have access to all that the city has to offer.
These days, you can buy just about everything in Shanghai, although imported goods often carry a hefty price tag. And what can't be bought can always be made.
Homes for expatriates are modern and generously-proportioned, and range from city condominiums to suburban communities.
Shanghai is easy to get around, and taxis are inexpensive and easily available, and although taxi drivers don't speak English, expatriates quickly learn the names of common destinations -- or rely on `taxi cards,' cards with the names of destinations written in Chinese. The clean, modern subway system is equally easy to navigate.
Photo: Elite 8 China
The shopping in Shanghai is excellent, from street market bargains to designer duds, although larger sizes will have to stick up at home or have things tailor made -- not a bad option, considering Shanghai's tailors are considered to be Asia's finest. Shanghai's international schools offer children a good education, but the international school system here is still young. Only the Shanghai American School has a substantive high school and comprehensive facilities.
Shanghai's crime rate is quite low, particularly for a metropolis of this scale and verve, and streets are generally safte day and night
-- although petty crime does occur in tourist areas like the Bund. Sports, travel and entertainment opportunities are growing:
Shanghai's basketball team produced NBA sensation Yao Ming, the Grand Theater gets musicals like Cats and Riverdance as well as prime local events, and travel to nearby destinations is comfortable and efficient.
If it's not quite on a par with more developed countries yet, it is on the fast-track to getting there.
For all her capitalist form, this is still Communist China, and nowhere is that more apparent than in the media. The English language papers are under the auspices of the state and the Propaganda Bureau, and predictably, information is restricted .
This, too, is improving -- websites like the New York Times are no longer blocked, although during sensitive periods, it umay be blocked again, and certain articles will be blocked from time to time.
Shanghai is busily cleaning up her act in the pollution arena, but it is a process, and the city today fluctuates between polluted and less polluted -- not as bad as Bangkok, but not as good as Shanghai.
Info: Differences to live with
Perhaps as a result of the challenges of trying to navigate Shanghai through both a linguistic and cultural barrier, Shanghai's expatriates are an unusually close-knit group, but one that is always willing to share their hard-won experience with newcomers. For new expatriates, the many clubs and associations make an excellent way to meet like-minded people who are all to happy to show you the ropes.
Perhaps as a result of the challenges of trying to navigate Shanghai through both a linguistic and cultural barrier, Shanghai's expatriates are an unusually close-knit group, but one that is always willing to share their hard-won experience with newcomers.
For new expatriates, the many clubs and associations make an excellent way to meet like-minded people who are all to happy to show you the ropes. Several of the clubs have subcommittes or groups catering to special interests.
Info: Overview of groups with international clubs and associations
A Teenager's viewpoint and advice
by Damon Lee (2005 graduate of the Shanghai American School)
Hola to all you teens out there who may be moving to Shanghai in the near future! I know all too well what you may be thinking. First of all, you must be thinking to yourself: China? ¿En serio? Isn’t China a third world country? Dirty, poor and infected by disease – come on, SARS! This must be the end of the world! Fear not my fellow teens because before you start dreading about these horrid stereotypes commonly associated with China, let me tell you a little about life in Shanghai as a teenager.
Photo: Damon Lee
Shanghai is a busy city bustling with about 17.7 million people. Living in Shanghai is like living life in the fast lane where everything is hectic - the people, the traffic and undeniably, the bikes. Just learning to cross a street in Shanghai is a skill everyone must master.
Transportation in Shanghai is amongst the best in the country, it virtually extends to all corners of the city either by bus or subway, which are extremely cheap (riding the subway from one end of the city to the other end costs no more than 6 RMB or less than one US dollar).
For those of you who prefer a more comfortable and less crowded way to travel, there are also thousands of taxis in Shanghai which are unbelievably cheap compared to our western counterparts. As a result, getting around Shanghai is not a problem for us cash strapped teens who have to work within our “stingy” allowance.
Shopping is what Shanghai is all about. Going down to the Xiang Yang Handcraft Market is where one will find the most abundant choices of fake designer and branded clothing .
A Quicksilver T-shirt may go for as little as 40 RMB (less than 50 US cents) or a Boss leather wallet for 20 RMB (25 US cents). For those of us with more money there are department stores which line Xu Jia Hui or Nan Jing Xi Lu, where a tie may set you back 300-400 RMB ($US50).
There is only one problem with shopping in Shanghai - the shops close relatively early, by 9pm on weekends most shops are closed and even earlier on weekdays.
After shopping for 6 hours straight, one may feel a bit hungry. Not to worry! There are cafes, restaurants, and hundreds of convenience stores that line Shanghai’s streets. However, it is always best to keep an eye out for the cleanliness of some restaurants and to be selective of the ones you decide to go to.
Some places are cheap and it is not until you see what the place is like that you understand why it is so cheap. As a warning, it is best not to eat seafood at these cheap cafés and restaurants as it almost certainly guarantees several trips to the bathroom a day for the next week.
Where in Shanghai can one go to have a good time and to meet people just like me? There are numerous clubs, discos where many expatriate teens like us gather. Pegasus and C’s are only two of the clubs out of the hundreds littered around Shanghai populated by expatriate teens.
There is not much night life in Shanghai and the only places to find night life is at these clubs. These clubs never check your ID and are more interested in the money you bring, so go at your own risk. and C’s are only two of the clubs out of the hundreds littered around Shanghai populated by expatriate teens.
There is not much night life in Shanghai and the only places to find night life is at these clubs. These clubs never check your ID and are more interested in the money you bring, so go at your own risk. If you are not of the legal drinking age in China (18 years of age), and you get caught by the authorities, it will be a rather unpleasant experience.
For those that do not go clubbing there are many activities in Shanghai such as go-karting, net café’s, paint-balling and even rock climbing. See Sports
A word of caution: Drugs are not tolerated in China, and an offence relating to drugs has serious consequences. Keep in mind that China issues the death penalty on a daily basis! Remember you are a visitor into this country so abide by their rules and your experience of Shanghai will be one that will stay with you for the rest of your life!
Info: Shanghai Youth Expats (SYE)
SYE is a target group for the 18-29 expat youths living in Shanghai. We currently hold a weekly coffee meet-up to act as a gathering point for all those who are interested in finding new friends or have nothing better to do on a Saturday afternoon. On average, there are about 10-20 people who drop by each week (fab crowd!); lots of new faces every time
Attendees are encouraged to organise outside activities. To date, groups of us have gone clubbing at VIP, Guandii, Mint, watched Batman in a VIP cinema, and lots more activities are lined up. Come by to chit chat and you might find yourself another social circle. We know how hard it is to find friends in Shanghai (supposedly)
4:00 pm Every Saturday
The Starbucks located on the cross intersection of Shaanxi Rd & Changle Rd. Meeting point: 3rd Floor, spot the red and white cloth tied behind a chair
Youth expats who are between 18 - 29 years of age. BUT, we openly welcome locals & those young/old at heart
China Adds Silver to the Shanghai Futures Exchange
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Although the global economic recovery is slow, the overall operation is smooth. Driven by emerging countries, major indicators of the United States also started to improve. European debt is also moving in a positive direction. It can be said that the global real economy has stepped out of the haze of financial crisis and systemic risk is quite unlikely to be renewed. Therefore, commodity prices, especially prices of silver closely related to the industrial sector would find strong support from the real economy to run smoothly. However, there are also uncertainties, including high unemployment rate in the United States, sovereign debt crisis in Europe, emerging markets inflation risks and China’s currency policy shift to slow economic growth. As part of China’s overall program to merge into global markets, the China Securities Regulatory Commission announced today the addition of silver futures contracts on the Shanghai Futures Exchange. Specific launch time will be decided based on the market situation and the progress made in the preparatory work.
The joining of silver futures into existing copper. aluminum, lead, zinc, gold and steel futures in China is a key step for Chinese businesses to gain a stronger say over commodities prices. Though China is the world’s largest silver producer and consumer, silver has been priced based on London and US silver prices in both domestic and overseas trade, causing distorted reflection of the silver supply and demand scenario in China.
The silver futures contracts to be added in Shanghai is not a complete abandonment of global silver pricing, though, but will be priced in consideration of both overseas and Shanghai silver prices, to more accurately present the Chinese silver market and offer Chinese businesses stronger say over silver prices.
Similar to base metals prices, silver prices also have a very high degree of internationalization, London spot prices are the world’s silver pricing Centre. It is not difficult to find from historical data that correlation between domestic and London silver spot prices is very high. In addition to international prices, domestic prices are another benchmark in setting domestic futures prices, which include mainly Shanghai Gold and silver prices. In the short term, Shanghai silver futures prices are expected to move in line with London silver spot, but domestic spot trading may cause certain difference.
High level of market awareness for silver means the silver futures will have more financial relevance, in addition to its industrial relevance. The global economic recovery and investment opportunities will likely push silver futures prices higher in the future. Investors should also bear in mind that opportunities always come with risks, especially in the financial derivatives sector.
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Friday, September 11th, 2015
We are pleased to announce that in the summer of 2015 our company earned an award as a provider of financial services in the international currency market. So we managed to win the top prize and prestigious title of the Best Broker in Asia Pacific 2015 at Shanghai Forex Expo 2015 in China.
Shanghai Forex Expo 2015 is a highprofile event in the finance industry. Among traditional participants there are traders, retail investors, institutional investors, brokerage companies, and their partners.
We are grateful to the exposition hosts and the jury of Shanghai 2015 Forex Expo who duly appreciated our performance.
China Forex Expo Shanghai 2014
Renuncia
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One of the beauties of the two main Chinese stock markets at the minute is that one can simply turn them upside down, and they look exactly the same. They’re like one of those bearded faces in kids’ comics: invert it, and it’s the same Man. It could be the same Woman too, but my pc prose doesn’t stretch to bearded ladies: somewhere on this gender thing, we have to draw the line; any other approach might be deemed misogynist.
Today however, the SSE and its close relatives had a brief collision with the fundamentals, and fell.
The reality behind the invertible Shanghai reality is pretty clear: it could mean either Chinese traders no longer want to get behind even Manna from the PBOC, or the PBOC has given up and sent the UXB problem back to the Politburo.
As we all know – following various client notes from Morgan the Pirate and Goldman Squid last month – China is of course entirely cut off from the rest of the globalist World, and thus its breathless slowdown gyrations do not present a problem for the West. For while China represents 16.7% of global gdp (and is now the biggest trading nation by volume on Earth) it does not present a problem, as such. It is sort of a servant in the home but absent from society, in a manner that Hendrick Verwoerd would’ve termed “Separate but equal” in 1960s Nationalist Party South Africa: it is equal to us, but can’t piss in our toilets.
What I love above all about the reassurance of line-toeing neoliberal business media reportage is the happiness to present everything that points East one minute and West the next as normal. Far from being a contradiction, we are told, this is in fact a progression: everything is in transition, and thus normal.
We are no longer in the age of the importance of being Ernest. In 2015, it’s all about the acceptance of being Norman Normal.
But the situation tonight on at least five different commercial levels is about as normal as Norman Bates. Norman Bates was not Norman Normal: he was abnormal serial pysychotic Norman, owner of the Bates Motel in Hitchcock’s classic Psycho . and a chap with a hobby not designed to encourage repeat business, in that he murdered the guests. The parallels between the madness of Bates and multinational neoliberalism’s desire to eat itself are in oh so many ways startling.
One might indeed say that globalist monopolism is a psychosomatic illness: one day, our Left Brains will at last wake up from the Right Brain nightmare.
There are a few scattered signs from today’s markets supporting that wild theory. For example, China being a Xenophobic, hermetically sealed bubble, all the major European markets reacted badly to the latest riddle-riddled Shanghai enigma. The Dow too is down, but still around 17,000. To me, this is a little like Ben Nevis pretending it’s Everest. So we are still a long, long way from real, physical, ground-level normal.
In the UK at least, that assessment was amply reflected in the columns of today’s Maily Torygraph, a title currently leading the way in the press media as the exponent par excellence of Newspaper as Rent-boy for Sale . Be the client HSBC, the London Mayor or George Osborne, the once admired Daily Telegraph has become the reviled epicentre of all things wrong with amoral capitalism as viewed from rocky English Channel tax-dodge outcrops by the Odd Couple….while losing 40% of its readership along the way. In there today was this classic:
Yes all you Dali fans, job-rich Britain is powering ahead by creating part-time, low-pay jobs that render every last chance of consumption-led economic recovery as dead as a Chinese-cloned Dodo. Indeed, Mammon Pyramid construction output is higher than at any time Egyptian slavery records began in 2624 BC.
Sadly, over at the 21st Century AD Office of National Statistics (ONS), in the latest recorded month the UK recorded a larger-than-expected trade deficit, while construction output dropped at the fastest pace since 2012 – ‘suggesting the British economy is losing momentum’ as Action Forex sensibly opined.
I have this feeling that, on the island of Barclaytwin, there is a welcoming hostelry where guests can arrive and thrill to the sight of an entirely normal psychotic on Reception, a peephole CCTV camera in every shower, and an axe in every forehead before departure.
Califica esto:
Bar & Clubs
You might have heard that Shen, located on the seventh floor of a newly renovated development where Yanan Lu hits The Bund, is a new bar from the people behind DADA.
With its vinyl-topped tables, white-washed walls, straightbacked benches and absent bar, Drunk Begining, feels more like a noodle shop or, more to the point, a roadside cafЁ¦, than anything resembling a late-night watering hole.
Two new bars have opened near The Bund with huge terraces that are ripe for sunshine drinking, and especially timely given the current blue, blue Shanghai skies.
Opened to accommodate the overflow of customers at sister venue Le Vin further east on Changle Lu, there are a lot of similarities between the two bars, especially when it comes to available brands and types of wine, but both manage to feel unique.
Recently opened bar Steampunk is serving up cheap drinks with a theme ЁC steampunk.
De Refter is bucking the town's dominant beer trend. Sichuan peppercorn-infused, bearded craftiness is out; old-school flavour profiles are in.
Constellation's fifth location is a small space tucked away on the second floor of Nanjing Xi Lu's Shanghai Centre, above Pizza Express.
Opening at the start of this year, The Brewer is still in Ў®soft-openingЎЇ mode and as a result when we visited they only had two craft beers from a list of seven available.
Hidden just next to the Ritan Park Jenny Lou's, in a location you might expect a lonely fruit stand or two-bit Russian restaurant, The Foxhole's inconspicuous façade is easy to overlook.
Enter DevilЎЇs Share, an innocuous bar in the North Block thatЎЇs a refreshing shot in the arm for the development.
Asian Stocks Mixed Ahead of Fed and Low Oil Prices
Japan’s stocks rose on Friday following an upbeat session in US, ending three consecutive days of losses. The benchmark Nikkei 225 closed up 1% at 19,230.48 despite oil prices continuing to sit near seven-year lows.
A weaker yen, which helps the country’s big exporters, helped to boost investor confidence. In Australia, investors continued to worry about commodity-related shares. Sydney’s S&P/ASX 200 index closed down 0.16% at 5,029.50.
Mining giant BHP Billiton ended the day 1.6% lower in Sydney trade, while shares in iron ore miner BC Iron plunged 23.7%.
BC Iron said on Friday it would suspend operations at a key mine in Western Australia, as falling iron ore prices continued to hurt the firm.
“Due to the ongoing and material fall in iron ore price, the decision has been made to temporarily suspend the production of direct shipping ore at the Nullagine joint venture operation,” the firm said in a statement.
The operation is a joint venture between BC Iron and Fortescue Metals. Elsewhere in Asia, China’s Shanghai Composite index ended down 0.6% at 3,434.58, while Hong Kong’s Hang Seng index dropped 1.1% to 21,464.05.
Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, he established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Axis Bank Partners with Diners Club International to Offer Forex Card
Business Wire | Mumbai | March 09, 2016 17:29 IST
Business Wire India
World’s first Forex prepaid card issued in conjunction with Diners Club International
Corporate and leisure card holders travelling abroad, especially to the United States, China, Japan and Korea, to benefit
Card holders will have access to more than 35 million merchant locations and more than 1 million ATM and cash access locations across 185 countries
Axis Bank, a market leader in travel currency cards, today announced the launch of the world’s first Forex prepaid card issued in conjunction with Diners Club International, a business unit of Discover Financial Services. The Forex Card will run on the Discover Global Network, the third largest payments network in the world, providing card holders with global acceptance.
The strategic alliance delivers widespread acceptance in key markets including the United States and North Asia, by utilizing Discover Global Network partnerships with China’s Union Pay, Japan’s JCB and South Korea’s BC Card, among others. In all, the Discover Global Network includes more than 35 million merchant locations and more than 1 million ATM and cash access locations across 185 countries. The card offers a bouquet of privileged services and benefits to travelers, including access to more than 600 Diners Club airport lounges globally.
The EMV chip embedded card will make payments more secure. The card comes at no additional cost to customers and is available at the same price as Axis Bank’s existing Forex Cards.
Speaking on the occasion, Mr. Sidharth Rath, President & Head, Treasury, Corporate & Transaction Banking, said, “Axis Bank continues to be the market leader in the Prepaid Forex Card category. Our focus has always been on improving and enhancing value for our customers. The addition of new travel corridors through the Discover Global Network and Diners Club International, especially in the United States and North Asia, will greatly complement our existing network and provide convenience to travelers through wider acceptance.”
Annie Zhang, Vice President, APAC Region, Business Development at Discover Financial Services, said . "Diners Club International continues to enable our franchises to provide unique card options to their customers that enhance the experience and broaden acceptance for travelers. By leveraging the Discover Global Network and its many partners, issuers like Axis Bank can provide flexibility for their card holders as they travel across the globe."
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
With its 2,805 domestic branches (including extension counters) and 12,631ATMs across the country, as on 31st December 2015, the network of Axis Bank spreads across 1,796 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has nine overseas offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Shanghai and Colombo; representative offices at Dubai, Abu Dhabi and Dhaka and an overseas subsidiary at London, UK.
The Bank’s website www. axisbank. com offers comprehensive details about its products and services.
Markets Gird for Earnings Season
[Excerpted from Bill Cara's Daily Report]
Stocks closed Monday's session in NY lower on a lightly-traded day, but much higher Week over Week. Through Friday, the major market indexes saw their largest four-week gains in seventy-six years. Now the market is preparing for 1Q2009 earnings season, which gets underway Tuesday with Alcoa (NYSE:AA ).
On Monday, the DJIA (-41.74 -0.52% to 7975.85), S&P (-7.02 -0.83% to 835.48), and NASDAQ (-15.16 -0.93% to 1606.71) could not make headway against concerns the major banks may be preparing to release negative quarterly reports. The Toronto Composite (-49.59 -0.55% to 9016.17), and Venture Board (-12.42 -1.27% to 963.17) were also down on the day, but higher Week over Week.
In international equity markets Tuesday, the closing prices showed losses except for Shanghai China (+0.80% to 2439.2): Australia -1.30% to 3648.5; Hong Kong -0.46% to 14929.0; India -1.80% to 10534.9; and Japan -0.28% to 8832.9.
At 7:30am ET, France (-1.21%); Germany (-1.21%); and UK (-1.79%) were all down, also on concerns that earnings season may be disappointing.
Once again on Monday, the leader in the Cara 100 was Research In Motion (RIMM +7.9% on +97% higher than average daily volume. The 82 Cara 100 losers on the day were led by Brunswick Corp (BC -7.2%), Silver Wheaton (SLW -6.0%), and Juniper Networks (JNPR -5.7%).
In NY, the Financial sector (XLF -2.7%) was the weakest, led south by Banks ($BKX -3.8%) and Broker-Dealers ($XBD -3.4%). The Goldminers ($XAU -3.4%) also suffered as gold futures ($GOLD -$24.00/oz) suffered another pullback, closing at 869.30, which is less than the 880 support that had appeared strong until yesterday. Pundits like Marc Faber are now calling for 750 gold. Aussie technical analyst is calling for 800 with primary support at 700.
At 7:35am ET today, spot (cash) market prices for gold, palladium, platinum and silver were: 876.62, 221, 1151, and 12.12. Silver, which is viewed as a leading indicator of precious metals prices, has suffered the biggest declines in the past couple days.
Monday, US Treasury yields on the 30-, 10-, and 5-year lifted to 3.758, 2.939, and 1.899, respectively. The long bond ($USB) dropped -0.71% to 126.08.
Crude Oil ($WTIC -$1.46/bbl) closed Monday at 51.05, which is the same price in the futures this morning.
The DJIA futures were 7811 (-105) at 7:30am ET.
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China Forex Investment Summit 2014
Focus on China Forex Dynamics and Innovations at The Upcoming CFIS 2014
China Forex Investment Summit 2014 (CFIS 2014), China’s Premier Event for Forex Dynamics and Innovations, will be held during 19-20, June, 2014 in Shanghai, China, to get together with global leading players at the high-end interviews and dialogues, focusing on the hot topics such as RMB internationalization and free settlement under the context of the Shanghai FTZ, the business opportunities arising for foreign banks, the latest trading technology, customized Forex investment strategy and the next hub for offshore renminbi trading, etc.
Why you should attend in CFIS2014? • 300+ Distinguished Guests Comprising Senior Decision Makers from 120+ Companies over 15+ Countries Worldwide • 25+ Eminent Global Speakers in the Forex Industry • 12+ Hours of Networking Time Including Roundtable Discussions and Open Q&A Sessions, Coffee Break and Exhibition Visits, VIP Luncheon, and One-to-one Meetings. • 4 Sessions Offering Vital Industry Insights • 1 Premier Event for Forex Dynamics and Innovations
Conference Structure: Day One S1. CHINESE FOREX MARKET IN THE CONTEXT OF THE SHANGHAI FTZ S2. GET INVOLVED INTO UNIVERSAL EXCHANGE MODEL Day Two S3. CORPORATE FINANCE & CURRENCY HEDGING S4. FOREX INVESTMENT STRATEGY
Who You Will Meet: Government & Associations & Research Institutes /Commercial and Investment Banks /Exchanges Money Management Companies /MTFs /Dark Pools /Clearing House /Trust and Investment Companies /Funds /Securities /Insurance Companies /Agencies /Brokers /Futures Companies Trading Platforms /Data Management Providers /Risk Management Companies /Import & Export Enterprises /Investment Management Companies /Others Our Exhibition area also opens to the individual investors. Don’t miss the opportunity to get involved into this Booming market.
Newly Confirmed Distinguished Speakers This Week: Yaling TAN President, China Forex Investment Research Institute Executive Council Member, China International Economic Relations Association; Executive Council Member, Asia-Africa Development & Exchange Society of China;
Christie ZOU Global Board Member, IMA; Consultant, American “Cost Management” Magazine; Professor, Beijing National Accounting Institute; Ex-Global EVP & Non-executive Director, Teamsun Group; Ex-EVP & CFO, TengChuang Technology; Ex-Board Member & CFO, Merck Pharmaceutical China; Certified Senior Enterprise Risk Manager; ESL certificate holder; Books and Publications, In progress, and etc.
For more information about the event please go to www. cdmc. org. cn/2014/cfis,
Want to be the SPONSOR/SPEAKER/DELEGATE/EXHIBITOR, or apply for the Forex Pioneer Awards, please contact
Joe Shen Tel: 86 21 6840 7631 ext 2188 Fax: 86 21 6840 7632 Email: joes@cdmc. org. cn
Media Partnership: Sonia Guo Tel: 86 21 63931899 ext: 2104 Email. soniag@cdmc. org. cn
Visitantes
By Industry: Government & Association & Research Institute Commercial and Investment Banks Exchanges Money Management Companies MTFs Dark Pools Clearing House Trust and Investment Companies Funds Securities Insurance Companies Agencies Brokers Futures Companies Trading Platforms Data Management Providers Risk Management Companies Import & Export Enterprises Investment Management Companies Others
By Job Title: By Industry By Geography Chairman / President / Senior Vice President / Vice President / CEO / CFO / COO / CIO / General Manager / Managing Director / Partner / Sales & Marketing Director / Analyst / /Consultant / Head of Foreign Exchange Transaction Services Electronic Trading e-Commerce Treasury Cash Management Finance FX Dealing Room IT International Business Investments Product Portfolio International Settlement Risk Management Business Development Fixed Income Department
Exhibitors
By Industry: Government & Association & Research Institute Commercial and Investment Banks Exchanges Money Management Companies MTFs Dark Pools Clearing House Trust and Investment Companies Funds Securities Insurance Companies Agencies Brokers Futures Companies Trading Platforms Data Management Providers Risk Management Companies Import & Export Enterprises Investment Management Companies Others
By Job Title: By Industry By Geography Chairman / President / Senior Vice President / Vice President / CEO / CFO / COO / CIO / General Manager / Managing Director / Partner / Sales & Marketing Director / Analyst / /Consultant / Head of Foreign Exchange Transaction Services Electronic Trading e-Commerce Treasury Cash Management Finance FX Dealing Room IT International Business Investments Product Portfolio International Settlement Risk Management Business Development Fixed Income Department
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Shanghai Attractions
Shanghai, a vigorous and energetic international metropolis, welcomes people from all over the world to enjoy its special atmosphere. This modern metropolis with its rich heritage of ancient Chinese culture has much to see and do.
Huangpu River is not only the mother river of Shanghai, which divides the city into east and west parts, but also assembles the splendid attractions of the city. Situated on the west bank of the Huangpu River, the Bund is the symbol and highlight of a Shanghai vacation. New finance and commercial houses as well as grand buildings built in 1930s in the European architectural styles cluster along the Bund. At night bright lights add to the happy atmosphere as people stroll along the wide riverside promenade.
Nanjing Road is considered to be the 'No. 1 commercial street in China', which has been a landmark for this city for a long time. Along its 5.5 kilometers, you will find over 600 shops that on average are visited by some 1.7 million people each day. Here, you could purchase everything wanted, spanning from special and cheap souvenirs to the luxurious world famous brands.
Yuyuan Garden is the largest of Shanghai's ancient gardens with Ming and Qing architectural styles. The garden has six areas, each with its own style. The Grand Rockery, in the center of the Garden, is the most renowned sight. Near the garden, there is the Old City God Temple. where various of local snack shops and streets are scattered around.
It is one of the most famous Buddhist shrines in the city. The White Jade Buddhas were brought here from Burma in the nineteenth century. One is seated while the other is in the recumbent position of Sakyamuni symbolizing the Buddha's attainment of enlightenment or nirvana. The temple also has some impressive images of the Heavenly Kings. Although many people come to worship each day and burn incense at this very holy and active shrine, visitors are welcome.
If you want to experience the historical and cultural atmosphere of the city, Xin Tian Di is a wise choice. Composed of Shikumen and modern architectural style, now it has become a hot and fashionable pedestrian street in the center of the city. Actually, it stands for the popular and leisurely life style of this city's new generation. The outdoor cafés, bars and romantic restaurants can be seen everywhere. Similar Attraction: Tianzifang
Oriental Pearl TV Tower is the modern symbol and must-see for a typical vacation in Shanghai. Standing beside the Huangpu River and opposite the Bund with a height of 1,536 feet (468 meters), it is the tallest TV tower in Asia. This unusual structure that dominates the skyline is a great attraction to visitors. Moreover, Shanghai Tower, the highest multi-purpose skyscraper in the country, offers the full extent of Lujiazui and Puxi areas, attracting more and more visitors to appreciate the beautiful panorama of this modern city. Neighboring this tower, stand another two skyscrapers, namely, the World Financial Center and Jin Mao Tower. All these tall buildings are equipped with sightseeing halls, allowing tourists to wander on the cloud.
Historical & Cultural Sites:
Located on the Longhua Road at the south of the city, Longhua Park is famous for the ancient Longhua Pagoda and Longhua Temple, the Evening Bell-Striking Ceremony and the peach blossoms. The visitor here having marveled at the city's modern architecture and historical sites will be further rewarded when going to see neighboring water towns like Zhujiajiao and Qibao Ancient Town. Here is another world where ancient houses huddle by the rivers running through the towns that with their flagstone-paved roads and typical local flavors will be sure to slow your pace as you savor their traditions.
Shanghai Museum is a veritable treasure house of ancient Chinese art and houses 120,000 precious relics. Bronzes, pottery, paintings and calligraphies are distinctive features of the Museum's collection. Seen from above, the Museum resembles a large bronze mirror of the Han Dynasty (206BC -220). From the distance, it looks like a bronze Ding, an ancient cooking vessel that contains so many mementos of the 5,000-year-old history of Chinese civilization. If you are interested in visiting more museums, The Site of the First National Congress of the Communist Party of China, The Former Residences of Sun Yat-sen, Song Qingling, Chen Yun Memorial Hall, The Memorial Hall of Fushou Garden, as well as some specilized museums, including Tobacco Museum, Automotive Museum, Science and Techology Museum and Urban Planning Exhibition Hall.
Markets Trade Sideways After Jobs Jump
Equity and commodity futures prices rocketed higher in the minutes following the 8:30am ET release of the US Employment Report from the Department of Labor, a positive surprise where 200,000 fewer jobs were lost than feared. Then after capturing the initial order flow that led to early gains in the first ten minutes, the enthusiasm died out as prices reversed hard for the next 35 minutes. After stunned traders backed off, the rest of the session saw low volume sideways action.
At the close, the DJIA (8,763.13 +12.89 +0.15%), S&P 500 (940.09 -2.37 -0.25%) and NASDAQ Composite (1,849.42 -0.60 -0.03%) were about flat.
The Toronto Composite (10,569.29 +92.05 +0.88%) and the Toronto Venture Board (1,137.99 +4.83 +0.43%) fared better.
Earlier Friday, equity prices were stronger in Austral-Asian markets except for Shanghai (2,753.9 -13.4 -0.48%). Japan’s Nikkei 225 (9,768.0 99.1 +1.02%), Hong Kong (18,679.5 +176.8 +0.96%), Aussie All Ordinaries (3,969.0 +36.5 +0.93%) and India’s BSE 30 (15,103.6 94.9 +0.63%) all made solid gains.
Then, the European equity bourses are lifting. The French CAC (3,339.05 Jun 5 +0.82%), German DAX (5,077.03 Jun 5 +0.24%) and UK FTSE 100 (4,438.56 Jun 5 +1.18%) all closed higher on the day, although with prices weakening into the close.
In US trading, the sectors that performed best were Industrials and Technology (XLI +0.85%, XLK +0.99%), while the commodity price-sensitive and financial stocks pulled the indexes down. Basic Materials (XLB -1.43%), Financials (XLF -0.88%), and Energy (XLE -0.82%) were hurt by Banks ($BKX -2.14%) and REITs ($DJR -1.29%), and Oil Services ($SOX -1.90% groups.
There were 44 Cara 100 company stocks that lifted, led by BHP (BHP +5.7%), Mobile TeleSystems (MBT +4.6%), Boeing (BA +4.1%), Nucor (NUE +2.6%), Amazon (AMZN +2.4%), and optionsXpress (OXPS +2.3%). The losers were led by precious metals companies Kinross Gold (KGC -6.6%), Silver Wheaton (SLW -5.3%), Buenaventura gold (BVN -4.6%), and Goldcorp (GG -4.4%). Applied Materials (AMAT -4.9%) and Brunswick Corp (BC -4.0%) was also weak.
The $USD closed sharply higher on the day (80.73 +1.30 +1.63%), which can be seen in the reversal in the Euro before the US Jobs Report (1.4185 +0.0007 +0.05% 07:18am ET) and then at the close (1.3961 -0.0217 -1.55%). Traders were asking what happened to gold dropping from 977.43 -0.08% at 07:31am ET to 955.70 -22.52 -2.30% at the 5pm close of spot trading, but they must have been blind to the action in the forex market.
In a volatile US bond market, the US long Bond ($USB 113.22 -2.67 -2.31%) got hammered for the second day in a row. The yields ballooned again, as follows for 30-year (4.656 +0.61 +1.33%), 10-year (3.862 +1.46 +3.93%), and 5-year (2.853 +2.92 +11.40%). Treasury bill yields moved sharply higher (0.180 +0.45 +33.33%). Traders were considering one of two scenarios for higher yields: (i) economic recession possibly coming to an end sooner than later, and (ii) higher risks in the market requiring a higher yield.
Spot (cash) market prices for precious metals Friday (i) pre-Employment data, and (ii) at the close, were as follows: Gold (i) (977.43 -0.79 -0.08% 07:31am ET) (ii) (955.70 -22.52 -2.30% 17:13pm ET); Palladium (i) (258.50 +8.5 +3.40% 07:17am ET) (ii) (252 +2 +0.78% 17:01pm ET); Platinum (i) (1285 +4 +0.31% 07:30am ET) (ii) (1271 0 0.00% 04:07pm ET); and Silver (i) (15.69 -0.16 -1.01% 07:31am ET) (ii) (15.2387 -0.6113 -3.86% 17:00pm ET). At 9:30am ET, spot silver was trading at about 15.15 and gold at 959, which shows how fast these prices sank following the boom in the $USD that followed the US Employment Report. In fact, as noted in Friday morning’s blog, trading in gold and silver went crazy starting right at 8:00am ET, first straight up, then prices plummeted – even before the 8:30am ET report release time. It was as if some traders knew in advance of the data.
Dollar futures were lower and the Euro higher (1.4185 +0.0007 +0.05%) at 07:18am ET, but closed very much in the opposite direction, with the Euro collapsing (1.3961 -0.0217 -1.55%).
Crude Oil futures, which had been largely unchanged earlier Friday (68.85 +0.04 +0.06% 07:19am ET), closed down with the stronger $USD (68.440 -0.435 -0.64%).
US equity futures for the DJIA closed the week at 8762 (+32 +0.37%).
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FX al por menor
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Chinese TV Targets Forex yet Again as Losing Clients Wreak Havoc at Shanghai Money Fair
Shanghai Shanghai
If you have legs, walk over to Parker Place, there's a better alternative to Shanghainese food court food than this one, your pocket and… Read More
If you have legs, walk over to Parker Place, there's a better alternative to Shanghainese food court food than this one, your pocket and taste-buds on your tongue will thank me. even if it is pouring cats and dogs and thunder is about to strike you getting to the other place. really this place is not worth it. I was trying to find exactly where in Yelp this place was located under. as it is no longer called Shanghai Shanghai but now Shanghai Gourmet House. in the name it is a joke as the only 'Gourmet' is in the quality of the signage that is hanging in this stall at the food court of Aberdeen! So how did I even end up here. my memory of this is just like yesterday. actually it was yesterday. and here's the story:
Meeting other family members at Aberdeen food court, we came around the lunch rush of Sunday, and after fighting off the stupid crawl of parking, and finally finding a spot we ended up at the food court where they were eating already, and my brother and I decided to tour the area to figure out what we wanted, in the end we decided to knock our hunger down with some Shanghainese, a little skeptical as everywhere else was busy, and this place wasn't, but no matter, it has been here long enough so I was finally going to have a taste of what they have been serving with my own taste buds. I let my brother be in charge of ordering, and it went like this: XLB, pan fried buns with meat (shengjianbao 生煎包), sticky rice with donut and pork fluff (ci fan) and we were also given some broths (none that I tried) and we went to look around while they were preparing our food.
After walking the nearby toy store, and wasting the waiting time away we came back and presented our number and received our trey of food and brought it to our table. I had to do a double-take at the dead looking food on our trey, everything looked like one-finger cooking. or close to it, urgh. this is going to be fun ingesting this stuff. At least they gave us enough utensils and napkins to eat all this stuff that was considered food.
On to the food, and looking at the XLB's you just knew they were from a frozen bag, no matter. I've known places that do this trick and still have a good turn out in the finished product, these. just like the rest of the food, wasn't even hot, luke warm. sure, like when your lazy and you didn't add enough seconds to the microwave. Biting into these flat dumplings the first rule of thumb on any XLB is to bite a bit to release the soupy goodness. well I bit, I even decided to use the spoon to pour what was inside, a few measly drops. honestly pass this up. go buy yourself some frozen ones. I bet you maybe more successful coming closer to eating out than this. The next thing I decided, hesitantly, on trying was the pan fried buns with meat. another failure. doughy outside that was more steamed than pan fried. there was barely a fried crust on the bottom on these. and the small morsel of meat, talk about cheaping out and laying it on the customer. Guau. The last piece of food. (or whatever you call it) was the real kicker. FAIL. the sticky rice with donut and pork fluff was just awful, they didn't use sticky rice, but red rice, and it was soggy, like eating mush. the only thing holding it together was the plastic see-through wrap, talk about needing to reduce the water, I didn't need teeth for this. and there was barely a donut in there, as it was lost within the mushy sea of dark rice, I don't even know if there was any pork fluff. I already lost my appetite on even trying those two bowls of murky liquid. no thank you.
Money down the drain. most definitely, if there were meals you could redo. this would be one of them. but at least I tried. and I guess trying is part of the battle, this one was lost. right away too! Should have lined up at the busier stalls, or took a walk out in the rain.
Ok, the wait is quite long for food court food. But the XLB (little soup filled meat buns/dumplings) was pretty tasty. We have had… Read More
Ok, the wait is quite long for food court food. But the XLB (little soup filled meat buns/dumplings) was pretty tasty. We have had Shanghai Shanghai almost every trip to Vancouver. Here is the thing, when I go to Vancouver, I have a list of restaurants I want to try. And I always make a point to have XLB somewhere. Well, it's hard to walk into a restaurant and JUST order a XLB and then walk out. And it's not something you can just bag it and take it home to eat (cause it won't be good).
So when I have a list of restaurants and know that I must have XLB somewhere, Shanghai Shanghai is where I go. cause it's in a food court and pretty darn decent XLB. I can get an order of it and still have the tummy space to go to an actual restaurant. So is it the best XLB I've ever had? Course not. But it does satisfy the craving.
Another place in Aberdeen with a semi-decent line-up. Every Asian out there knows. if there's a line-up, you join the lineup too. Just… Read More
Another place in Aberdeen with a semi-decent line-up. Every Asian out there knows. if there's a line-up, you join the lineup too. Just because.
Parking is available in the nearby lot. Might have to fight the occasional Asian mom and her Lexus SUV to get a good spot though. Just sayin'..
The lineup here was pretty slow. It was about 10 minutes before we got our food.
The XLB (xiao long bao) is always the benchmark to judge the quality of a Shanghai joint. They were filled with a decent amount of delicious soup, and the meat was fine too. However, there was something off about the skin. It was a bit thicker and harder (not brittle but follow my drift), than say Chen's, Moutai, or Shanghai River. In other words, they weren't fresh, and probably came here frozen. The ones in Shanghai also taste better, but of course this isn't a fair judgement. Again, just sayin'..
Actually the real (more legit) reason I gave this place 3 stars was their beef noodle soup. The beef and soup were fine, but their noodles were clumped together like wet hair. Not sure if they skimped on the flour while making it or something, but this was a bit of a nasty surprise. I'm wondering if the long wait during ordering had something to do with this happening. Hopefully you'll have better quality noodles when you go.
The food is decent if Shanghai-style is your thing, but if you are up for another type of food, there are other options in this food court.
I agree fully with Jespeter and Edward This is a solid 3 star for a foodcourt - possibly the JUICIEST /SOUPIEST XLB (xiaolongbao) I've had.… Read More
I agree fully with Jespeter and Edward This is a solid 3 star for a foodcourt - possibly the JUICIEST /SOUPIEST XLB (xiaolongbao) I've had. They aren't that much cheaper than if you went to a restaurant but if you just want some XLB NOW - it ain't bad.
IT is steamed fresh and it will come on styrofoam with the paper sheet from the steamer - definitely not the pretty bamboo steamer tray we would like to see but it WAS fresh.
There was something off about these though. The pork was just pork. No texture, very smooth - no gristle but no chives or green onion. Good XLB needs to have minced pork with at least green onion or chives..there needs to be some texture - these ones were just really smooth pork. Another thing was the wrapper tasted just kind of. gummy. I dunno, the skin was very thin - taiwanese style - and it didn't burst as you were eating it! but it was missing some sort of flavouring. The broth inside was good.
hmm..in fact the more I talk about the XLB the more I kind of want to drop this place to 2 star..i think what is cool is that it is a foodcourt and they had passable XLB.
ok fine..2.5 stars. )
*note that the vinegar they give you doesn't have ginger. poo.
I don't think myself a mean person. Yea, the line up is slow, I was so tempted to poke the person in front of me so they can leave from… Read More
I don't think myself a mean person. Yea, the line up is slow, I was so tempted to poke the person in front of me so they can leave from frustration. The waiting is slow, I doubt what they're cooking behind the door and food window is food made totally from scratch. Food in Richmond can be dodgy, I'm speaking from lots of experiences. And it's not like a styrofoam box nor plate makes it ever more homy, far from touching anywhere close to my heart. But it's food court food. I'll play nice.
Converted from a friend of mine, I didn't think I'd come to find a specialty food in the midst of the cheap neon lights of the food court. They have the tastiest and juiciest Xiao Long Bao I have ever came across in MY LIFE. But when I ordered the other things in their menu, I was thoroughly disappointed (too much salt is bad for you
) So I guess I'll just stick to the little pork buns until I am proven wrong otherwise. (Tough luck.)
Don't go here is this place. Too bad I can't leave no stars. Very bad customer service and very bad people skills. I ordered one item and she… Read More
Don't go here is this place. Too bad I can't leave no stars. Very bad customer service and very bad people skills. I ordered one item and she over charged me and when I asked why she had over charged me so much for one item she the counter person lied to my face said I had ordered two items. Why argue just give back my money that you over charged me. No more going to this place. There are other places that are better.
Oh how the mighty have fallen.
This used to be a decent place for XLB's in Richmond. Couldn't quite compare to staples like Cheng's or… Read More
Oh how the mighty have fallen.
This used to be a decent place for XLB's in Richmond. Couldn't quite compare to staples like Cheng's or Shanghai River, but it had two things going for it: you didn't have eat a whole sit-down meal for the juicy little suckers, and they were freshly made and arrived pipping hot. They used to make them out right behind the glass counter to order. And this was all done out of a food court stall in Aberdeen. Respect.
Cue to my recent disappointing visit. Shanghai Shanghai now has a new facelift, complete with pictures and a broader selection. The quality of the food, sadly, has suffered as a consequence. My XLB's were half the size, thick-skinned, and had that artificial, premade taste to them.
It's a sad day for authentic handmade dumplings.
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Alexa H.
I loved this business. The service was courteous, professional, and the experience was overall a pleasant one.
Brittany C.
Fantastic service! Wouldn't hesitate to come back again. The only reason I'm not giving this a 5 star rating is because it was a bit expensive.
Deep P.
There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
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Example: There are a few times in life when a meal is so expertly crafted and planned that it is nothing short of genius. Anoche, tuve una de esas comidas - el Mahi Mahi.
El plato estaba excelentemente preparado. A la parrilla, jugosa y fresca sin un toque de pescado. Un esmalte de salsa de mandarina trajo un toque de dulzura. El pescado se colocó en un montículo de arroz dulce de plátano. The combination of the fish and rice alone was to die for!
However, as only expert chefs can achieve, additional garnishes provided even bolder, beautiful tastes. Pickled onions topping the fish made for an even finer taste experience, while green beans hidden under the fish added freshness and completed each bite
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The 4 Biggest Private Equity Firms in London
The four largest private equity firms headquartered in London, as ranked by total assets under management, or AUM, are CVC Capital Partners Ltd. BC Partners, Bridgepoint Capital Group and Cinven Group, Ltd.
Private Equity Firms
Private equity firms provide investment capital and investment management services. Such firms raise investment capital from individuals and institutional investors, such as pension funds, to fund equity investments in companies either through direct purchase of an equity stake in private companies or through leveraged buyouts, or LBO, of publicly traded companies. Private equity firms often obtain an equity interest by providing venture capital, sometimes in partnership with other private equity firms.
Once it acquires a controlling interest in a company, a private equity firm then directs the management of the acquired company with the ultimate goal of substantially increasing the company’s value so it can be sold for a profit. Private equity firms often specialize in investments in particular industries or market sectors. A private equity firm’s portfolio is composed of companies it has acquired or in which it holds a substantial equity interest. The investment horizon for most private equity firm investments is five to 10 years.
CVC Capital Partners Ltd.
Founded in 1981, originally as an investment division of Citigroup, CVC Capital Partners Ltd. subsequently managed its own LBO. It has over $80 billion in AUM, making it the largest private equity firm based in London, and one of the 10 largest private equity firms worldwide.
CVC Capital engages in a broad range of private equity investing, including venture capital investments, leveraged buyouts, recapitalization and acquisitions. The firm invests primarily in large-or medium-sized companies engaged in market sectors that include technology, telecommunications, financial services, health care, energy and the industrial sector. CVC also makes investments in infrastructure in Europe, such as public utilities and transportation.
Primary geographical focuses for CVC’s investments, in addition to Europe, are North America, the Middle East, Asia, specifically Hong Kong and Singapore, and Australia. Within continental Europe, CVC Capital maintains its largest investments in Germany, France and Switzerland, with a target minimum investment for European funds of $150 million.
CVC Capital’s average investment is between $200 million and $2 billion. Its typical investment target is a company with an enterprise value between $400 million and $15 billion with annual revenues in excess of $250 million. CVC usually holds an investment for a minimum of five years. It prefers to have a seat on the board of directors of the companies in its portfolio.
CVC Capital also operates a private debt firm, CVC Credit Partners, that invests in debt securities of companies principally owned by private equity funds. As of August 2015, CVC’s portfolio is made up of more than 50 companies, with large interests in retail, service and manufacturing businesses. Some of its portfolio holdings include BJ’s Wholesale club, Hong Kong Broadband Network, Skrill and Samsonite. CVC Capital Partners operates globally, with approximately 20 offices spread throughout Europe, the United States and Asia.
BC Partners
BC Partners was founded in London in 1986. The company has approximately $38 billion worth of AUM. BC Partners operates worldwide but typically invests in companies that have a substantial European presence. Within the continent, the company concentrates its investments in France, Germany, Spain and the Scandinavian countries. Outside of the continent of Europe, its principal portfolio holdings are in its home country, the U. K. or in the U. S. The firm prefers making investments of $50 million or more in companies with enterprise values greater than $200 million. BC is noted as a leader in leveraged buyouts in Europe and has completed nearly 100 acquisitions since its inception.
BC aims to have a seat on the board and hold a majority equity stake in its portfolio companies. Portfolio holdings include Intelsat, PetSmart, Synlab, Mergermarket Group and Gruppo Coin, the largest clothing retailer in Italy.
The investor base for BC Partners is composed of more than 150 institutional investors, including pension and sovereign wealth funds. BC Partners is noted for its efficiency of operation, employing only about 50 to 100 investment professionals for every 500 employed by firms it regularly competes with, such as CVC Capital Partners and Bain Capital. Besides its London base, the firm has additional offices in New York, Paris and Hamburg.
Bridgepoint Capital Group
Bridgepoint Capital Group was founded in 1984 and is the third largest private equity firm based in London, with approximately $25 billion in AUM. Bridgepoint states it aims to be a bridge between buyouts and successful, long-term growth for the companies in which it invests. The firm’s primary focus is on acquisition of majority equity interests in middle market European companies engaged in providing financial, consumer, business and health care services. Bridgepoint’s average investment ranges between $100 and $500 million in companies that are valued at between $300 million and $1.5 billion. Geographically, its investments are primarily located in the U. K. France, Germany, Italy, Turkey, China and Switzerland.
The Bridgepoint Capital investment portfolio is composed of almost 70 companies. It includes a diverse selection of businesses, with emphases on financial, health care and business services, and specialty retail concerns. Among Bridgepoint’s portfolio holdings are 1st Credit, Diners Club, the John Brown Media Group, CTL Logistics, Casino France Operations and sports apparel maker Fat Face. One of Bridgepoint’s notable accomplishments was acquiring, in 1999, a 50% share in 13 of London’s West End Theatres through its equity interest in Andrew Lloyd Webber’s Theatre Group.
Bridgepoint’s investor base includes pension funds, asset managers and insurance companies. A subsidiary of Bridgepoint Capital, Bridgepoint Development Capital, invests in small-cap companies valued at $200 million or less. In addition to its London headquarters office, Bridgepoint has offices in Frankfurt, Madrid, Istanbul and Shanghai.
Cinven Group, Ltd.
Cinven Group, Ltd. rounds out the list of the top four London-based private equity firms, with around $20 billion in AUM. Founded in 1977, Cinven’s original investor base consisted solely of three pension funds, among them that of Barclays Bank, which remains a primary investor in Cinven. The firm has more than 150 institutional investors, including sovereign wealth funds. insurance companies and foundations, located across 20 countries worldwide.
Cinven Group’s primary focus is on acquisitions and leveraged buyouts of companies based in Europe that require equity investments of at least $150 million. Its primary sectors of interest include technology, media and communications, industrial manufacturing, health care and business and financial services.
The firm maintains a portfolio of about 25 companies. Holdings include clothing retailer Camaieu, domain and hosting company HEG, life insurance firm Heidelberger Leben Group, health care service company Medpace and specialty pharmaceuticals firm AMCo. Cinven has offices in London, Paris, Frankfurt, Madrid, New York and Hong Kong.
Active Trading Fundamentals
A partnership is a business agreement between two or more people who are called partners. Each partner owns a share of the. Read Full Answer >>
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Shanghai Gold and Silver Physical Price Premia Matter
Jay Taylor Interviews Daved Jensen MP3
Temas
1. LBMA GOFO positive with 1 month GOFO at .84%
2. Physical Premia Matter: Shanghai Gold Exchange and Shanghai Metal Exchange physical metals premia vs. LBMA pricing:
SGE Gold . $1286.70 /oz & premium of $ 2.70/oz. = 0.2 % premium vs LBMA vs. -0.1% last week (no VAT on Gold in China).
SGE Silver . $21.26 /oz & premium of $1.81 /oz. = +9.3% premium vs LBMA vs. 8.1% last week
SME Palladium $1,058.30 /oz & premium of $150.30 /oz. = 16.6% premium vs LBMA vs. 16.4% last week
SME Platinum $1,519.09 /oz & premium of $100.09 /oz = 7.1% premium vs LBMA vs. 6.3% last week
The above Shanghai prices include a 17% VAT tax. It is important to look at this entire price including VAT as that is what is paid on exchanges in Shanghai/China for metal.
The above large price premia create a strong pull for metal from the west into the the 'off exchange' Chinese metals markets.
In 2013 only 40% of China's 1.8 million ounce palladium consumption registered as imported metal yet China has negligible production of palladium.
Even with this growing Shanghai price premium for silver, we can see increasing evidence of shortage in China's silver inventories on the Shanghai Futures Exchange which have now collapsed as of last week to 95 tonnes from 1,180 tonnes in Feb 2013. China produces 9,000 tonnes per year of silver.
The relentless pull of physical metal has leveraged impact on the highly levered paper precious metals markets in the West and potential to upset markets.
3. Koos Jansen has profiled China vs US Market:
London is the dominant gold and silver market . we must also include London's LBMA in any comparison as we do have knowledge of comparative statistics for the LBMA from LBMA's "Loco London Liquidity Survey Q1 2011": http://www. lbma. org. uk/assets/Loco_London_Liquidity_Surveyrv. pdf
This LBMA study gives LBMA as having 10:1 daily gross trading volume vs the LBMA's posted end of day net settled trading volume of gold. The study also notes:
90% of daily LBMA gold trading is in the spot gold market
5% in forward instruments
5% in 'other' instruments
The Shanghai Gold Exchange "SGE" (a physical exchange where gold must be deposited to write and trade gold positions) sees weekly gold trading volumes of
125 tonnes or 25 tonnes per day.
The SGE sees 25 tonnes or
750,000 oz of gold traded per day.
The Shanghai Gold Exchange saw total gold bullion withdrawals from exchange vaults of 2,196 tonnes of physical gold in 2013 compared to global mine production of gold of 2,982 tonnes in 2013.
Now consider the current LBMA gross daily gold trading volume of 179 million ounces of gold per day (or 5,600 tonnes per day ) which is 238 x the daily volume on the Shanghai Gold Exchange. LBMA gross daily trading volume in June 2013 was 290 million ounces of gold per day (or 9,020 tonnes of gold per day).
The SGE recently saw weekly silver trading volume of 4,000 tonnes or 128 million ounces per week or 25.6 million ounces of silver traded per day.
In July 2014, the LBMA saw gross daily silver trading volumes of 1.634 billion ounces of silver per day which is 64x the volume on the Shanghai Gold Exchange. Annual global silver production is
1 billion ounces.
The silver trading volume on the LBMA is calculated using the same 10x multiplier that the LBMA says exists for the net cleared volume vs the gross daily trading volume.
Paper trading on LBMA is leading to global shortages of precious metals through mispricing (artificially low pricing)
Now looking to the New York COMEX weekly gold volume of 2,500 tonnes or 500 tonnes per day of primarily unbacked paper contracts is less than 10% of the LBMA market trading volume.
For silver, both the COMEX and the Shanghai Futures Exchange (not the SGE) trade about 30,000 tonnes per week of silver or 6,000 tonnes per day.
In comparison, the LBMA currently trades 51,000 tonnes per day of silver.
Although the LBMA gives statistics only as average daily trading volume for each month, we can see from the averaged numbers just how high (and dominant) the LBMA trading volume of both gold and silver is.
For global gold and silver trading, we have to focus on London as the primary price setting mechanism - it trades hundreds of times the volume of the SGE and 9x the volume of large futures exchanges and these paper volumes distort global gold and silver prices .
4. Dimitri Speck's updated statistics of manipulation of the daily silver and gold fixing price in London:
Statistical evidence of price capping of silver exceeding the manipulation of gold at the daily fixing time.
The LBMA stopped giving silver lease rates in 2013 for the LBMA and the bullion banks have sprinted from the daily fix (now taken over by CME + Reuters).
GAIN Capital to Acquire the Retail Forex Business of Capital Market Services, LLC
NEW YORK and LONDON. Oct. 19 /PRNewswire/ -- GAIN Capital Holdings, Inc. a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), has reached an agreement to acquire the retail forex business of Capital Market Services LLC ("CMS Forex"), pending regulatory approvals and other closing conditions.
GAIN Capital, through its regulated subsidiaries, agreed to purchase the retail customer accounts currently held at CMS Forex's regulated subsidiaries in the United States. Bermuda. United Kingdom and Japan. & # 160; The transfer of CMS Forex's U. S. and Bermuda customers was completed on October 15, 2010. The transfer of the retail customer accounts of CMS Forex's regulated subsidiaries in the United Kingdom and Japan is scheduled to be completed in the coming weeks, pending regulatory approval and other closing conditions.
The agreement comes as a result of CMS Forex's decision to cease providing retail forex trading services. CMS Forex will continue to offer FX liquidity services to institutional clients worldwide and act as an introducing broker of retail business to GAIN Capital.
"We are pleased to be in a position to offer CMS Forex's retail customers around the world the ability to continue trading forex with an established, well capitalized firm," said Glenn Stevens. CEO, GAIN Capital. "Our goal is to provide these traders with uninterrupted service, and we will work closely with CMS Forex's team to ensure a smooth transition of their customer's accounts and assets to our retail division, FOREX. com. We are confident that CMS Forex's customers will be satisfied with the robust offering available at FOREX. com, including our industry leading trading tools, research and educational resources, as well as our focus on providing superior customer service."
"When we made the strategic decision to exit the retail FX market, our major priority was to find our customers the opportunity to trade with a firm equally committed to providing superior technology offerings, educational resources and customer service," commented Eugene Hawkin. president and COO of CMS Forex. "Having engaged in discussions with a number of firms, we felt that GAIN Capital would provide our customers with the quality of tools and services they have received during their time with CMS Forex." & # 160;
The acquisition highlights GAIN Capital's strategy of pursuing attractive acquisition and alliance opportunities and will represent its second acquisition this year. On September 13. GAIN Capital announced that it had acquired approximately 4,000 customer accounts of MG Financial, as a result of MG Financial's decision to exit the retail forex industry and cease operations. & # 160;
Raymond James & Associates, Inc. served as the exclusive financial advisor to CMS Forex in this transaction.
About CMS Forex
CMS Forex was founded in 1999 by professional Forex traders, Forex brokers and software developers. Since its inception, CMS Forex has identified traders' needs and built its core trading platform, VT Trader™, to accommodate its loyal client base. CMS Forex is a leading provider of foreign exchange (FX) trading and related services to clients in approximately 170 countries. The Company serves institutional accounts and offers a diverse array of trading platforms combined with unmatched execution and customer services to facilitate direct access to the global FX markets.
CMS Forex and its affiliated group of companies are headquartered in New York City. Londres. Tokyo and Hamilton, Bermuda with representative offices in Boston. Shanghai. and St. Petersburg, Russia. The group holds registrations with the Commodity Futures Trading Commission (CFTC) in the United States. the Financial Services Authority (FSA) in the United Kingdom. the Financial Services Authority (FSA) in Japan. the Bermuda Monetary Authority (BMA) in Bermuda.
About GAIN Capital
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company's award-winning trading platform which transacts nearly $250 billion per month.*
A pioneer in online forex trading, GAIN Capital provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms. GAIN also operates FOREX. com, one of the largest and best-known brands in the retail forex industry.
With offices in New York City ; Bedminster, New Jersey ; London ; Sydney ; Hong Kong ; Tokyo and Seoul. GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the United States. the Financial Services Authority (FSA) in the United Kingdom. the Financial Services Authority (FSA) in Japan. the Securities and Futures Commission (SFC) in Hong Kong. and the Australian Securities and Investments Commission (ASIC) in Australia.
GAIN's investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners. & # 160;
*Includes customer trades, rollovers, and counterparty transactions.
VT Trader is a trademark of CMS Forex. All other trade names are the property of their respective owners.
SOURCE GAIN Capital Holdings, Inc.
China says no cap on forex for Shanghai crude futures
BEIJING: China will set no restrictions on foreign exchange transactions used to trade in its planned new crude oil contract, a regulatory official said on Thursday, in a move to boost investment in the long-awaited product.
The Shanghai crude oil contract, the first Chinese commodities futures contract that will allow direct participation by foreign firms, is aimed at challenging global benchmarks like London's Brent and the U. S. West Texas Intermediate contract.
"For the Shanghai crude oil futures contract. we've made a further step in the design of the mechanism, which is there will be no restrictions on the quotas or scale," an official with the State Administration of Foreign Exchange (SAFE) told reporters.
China places restrictions on foreign investment in its capital markets through its Qualified Foreign Institutional Investor (QFII) program that manages the size of investments through a quota system.
Oil industry sources said last month that the launch of the new contract was likely to be pushed back to next year as stock market turmoil and a widening anti-corruption probe are delaying the final regulatory approval.
The futures contract would better reflect China's growing importance as the world's No.2 crude oil buyer, as well as boost the use of the yuan currency in which it will be denominated, officials have said.
International participants will need to set up accounts with designated depository banks to trade the contract, and funds in those accounts will not be available for any other purposes besides the crude futures trade. China's central bank has said.
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EU Rescue But China Slides
By Colin Twiggs May 10, 2010 5:00 a. m. ET (7:00 p. m. AET)
These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use.
The €750 billion stabilization fund announced by the EU and IMF fueled a small rally in Asian stocks. The Shenzhen Composite Index, however, has broken primary support at 1100 to confirm the Shanghai Composite and Hang Seng primary down-trend. Bearish divergence on Twiggs Money Flow (13-week) indicates selling pressure.
Demand for commodities is so far unaffected by the Chinese down-turn, with the Baltic Dry Index testing medium-term resistance at 3600. Breakout would signal a fresh primary advance, implying rising demand for dry bulk shipping — primarily iron ore and coal to China. Reversal below 2550, however, would warn of a primary down-trend (if confirmed by the Baltic Panamax Index) and bear market for resources stocks.
Despite some dodgy trades doing their best to spook the market, the Dow failed to break primary support at 9900. Expect a rally to test short-term resistance at 10700, followed by another, weaker, test of 9900. The index, however, remains in a primary up-trend.
S&P 500 is also undergoing a correction. Expect a rally to test short-term resistance at 1150.
* Target calculation: 1150 + ( 1150 - 1050 ) = 1250
Transport indicators corrected sharply, but remain in a primary up-trend.
* Target calculation: 4300 + ( 4300 - 3800 ) = 4800
The Nasdaq 100 remains in a primary up-trend and is likewise expected to rally, forming short-term support at 1850.
* Target calculation: 1900 + ( 1900 - 1750 ) = 2050
The TSX Composite also remains in a primary up-trend. Expect a rally to test resistance at 12000, but the correction is not yet over.
* Target calculation: 12000 + ( 12000 - 11000 ) = 13000
The FTSE 100 faces more severe selling pressure, with Twiggs Money Flow (13-week) crossing to below zero. Failure of support at 5000 would signal a primary down-trend.
* Target calculation: 5500 + ( 5500 - 5000 ) = 6000
The DAX may rally to test resistance at 6000, but Twiggs Money Flow (13-week) below zero warns of another test of primary support at 5400.
* Target calculation: 6000 + ( 6000 - 5400 ) = 6600
The Sensex is testing resistance at 17250 Monday, but the correction is not yet over. Bearish divergence on Twiggs Money Flow (13-week) continues to warn of selling pressure. In the long term, reversal below 15800 would signal a primary down-trend, while recovery above 18000 would indicate an advance to 19800*.
* Target calculation: 17800 + ( 17800 - 15800 ) = 19800
The Nikkei 225 rallied to 10500 Monday, but triple bearish divergence on Twiggs Money Flow (13-week) warns of strong selling pressure. Failure of support at 9900 would confirm a primary down-trend.
* Target calculation: 11000 + ( 11000 - 10000 ) = 12000
The Seoul Composite rallied to 1680 Monday and is likely to test resistance at 1700. Twiggs Money Flow (21-day) small break of the rising trendline indicates a relatively mild correction. Recovery above 1750 would signal an advance to 1900*.
* Target calculation: 1720 + ( 1720 - 1550 ) = 1910
The Shanghai Composite Index is in a primary down-trend. Breakout below the August 2009 low of 2650 would confirm. Twiggs Money Flow (13-week) reversal below zero warns of selling pressure.
* Target calculations: 2900 - ( 3150 - 2900 ) = 2650
The Hang Seng Index rallied to 20500 on Monday. Expect a test of 21000, but the index remains in a primary down-trend. Twiggs Money Flow (13-week) reversal below zero warns of selling pressure. Failure of 19500 would offer a target of the July 2009 low at 17000*.
* Target calculations: 19500 - ( 22000 - 19500 ) = 17000
The All Ordinaries rallied off primary support at 4500 and Twiggs Money Flow (21-day) reversed above the declining trendline, but this does not necessarily mean the end of the correction. Another test that respects 4500 accompanied by bullish divergence on Twiggs Money Flow would, however, provide reasonable assurance.
The long term picture remains bearish, however, with ASX 200 Twiggs Money Flow (13-week) reversal below zero warning of selling pressure.
In life, some enter the services of fame and others of money, but the best choice is that of these few who spend their time in the contemplation of nature, and as lovers of wisdom.
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China shares resume with modest losses, yuan firms despite trade slump
Sunday, February 14, 2016 9:34 PM
SHANGHAI (Reuters) - Chinese shares ended only modestly lower on Monday as trade resumed after a long holiday, largely shrugging off last week's tumble on global markets, while Beijing took another swipe at currency devaluation talk with a strong fix for the yuan.
Both the CSI300 index <.CSI300> of the largest listed companies in Shanghai and Shenzhen and the Shanghai Composite Index <.SSEC> ended down 0.6 percent after their first day of trade since Feb. 5.
The losses were unexpectedly light, given Japan's Nikkei <.N225> alone sank 11 percent last week, though the Chinese indexes have had a more brutal 2016, losing about 22 percent and 12 trillion yuan ($1.84 trillion) in market value so far.
The bourses initially opened down more than 2 percent, but a strong rally elsewhere in Asia, especially Japan, and a rise in the yuan lured investors back to the market.
"Many traders exited their positions ahead of the holiday, and the weak opening gave them a chance to buy back some shares," said David Dai, Shanghai-based investor director at Nanhai Fund Management Co.
"Previously, there was strong yuan depreciation fears. Now, the currency has strengthened, and that is also a market-stabilising factor," he added.
Brokerage Industrial Securities said in a report that Chinese shares could even post a modest rebound in February as currency fears dissipated, which would in turn ease pressure on capital outflows and give the People's Bank of China (PBOC) more room for monetary stimulus.
The PBOC fixed the yuan at its highest rate in over a month as it continued efforts to stem devaluation speculation .
Reflecting the recent retreat in the U. S. currency, the Monday fix of 6.5118 yuan per dollar, a reference point for trading, was much stronger than the 6.5314 set before the holiday, and the onshore spot rate firmed more than 1 percent to 6.4972.
The offshore yuan was also firmer and in step with the onshore rate, eliminating a discount that had made it more difficult for the central bank to stem capital outflows.
WEAK TRADE DATA
In an interview over the weekend, PBOC Governor Zhou Xiaochuan said speculators should not be allowed to dominate market sentiment regarding China's foreign exchange reserves and it was quite normal for reserves to fall as well as rise.
Zhou said there was no basis for the yuan to keep falling, and China would keep it stable versus a basket of currencies while allowing greater volatility against the U. S. dollar.
China reported its weakest economic growth in 25 years for 2015, and on Monday it released figures showing imports and exports both fell more sharply than expected in January compared with a year earlier.
Chinese markets appeared to shrug off the disappointing trade numbers, though they will add to worries about a global economic slowdown.
Figures out over the weekend suggested there was still life in the Chinese consumer, however, with retail sales growing 11.2 percent during the week-long Lunar New Year vacation compared with the same period last year.
The holiday is especially important for retailers, which vie for customers by launching promotions and discounts. Millions of people take time off work to travel and generally spend more than usual during the break.
(Additional reporting by Jianxin Lu; Writing by Wayne Cole and Will Waterman; Editing by Kim Coghill)
This article was written by Nathaniel Taplin and Samuel Shen from Reuters and was legally licensed through the NewsCred publisher network.
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At present, stock prices are heavily influenced by the price of crude oil. Whichever direction crude takes, stocks are likely to follow. The current rally in Light Crude (June 2016 Futures) is testing resistance at $42/barrel. Respect would warn of another test of.
Market direction is dominated at present by wild swings in the price of crude oil and other commodities (iron ore in Australia). The rally (WTI Light Crude June 2016 futures) may run as high as $44/barrel before retracing to test support. Primary support sits at $30.
Stock markets in Asia and Europe have clearly tipped into a primary down-trend but the US remains tentative. The weight of the market is on the sell side and the risk of a global down-turn remains high. Dow Jones Global Index found support at 270 and is rallying to.
“One swallow does not a summer make, nor one fine day; similarly one day or brief time of happiness does not make a person entirely happy.”
Aristotle (384 BC – 322 BC) Similarly, one brief rally does not make a bull market. Dow Jones Global Index.
China is betting that it can use its more than $3 Trillion of foreign reserves to stare down hedge funds betting on a collapse of the Yuan. Any sign of weakness in the Yuan would fuel further speculation and flight to safety. The caterpillar on the right of the daily.
Batten down the hatches, the storm is here. Nymex WTI Light Crude futures (March 2016) are testing support at $30 per barrel. There is no indication that this is the bottom and breach of $30 would be likely to test $20 per barrel. * Target calculation: 30 – ( 40.
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China: PBOC To Inject Liquidity Into System
China: PBOC To Inject Liquidity Into System
Tuesday PBOC, China’s central bank, announced it will inject at least RMB 600-B (US$91.46-B ) to provide liquidity for the impending Spring Festival Holiday .
The liquidity will be added through tools such as the SLF (standing lending facility), MLF (medium-term lending facility) and PSL (pledged supplementary lending), the People’s Bank of China (PBOC) said in a statement on its website.
The central bank vowed to ensure liquidity in the banking system is “reasonable and adequate” around the Spring Festival, which falls on 8 February.
China’s stocks closed lower Wednesday, with the benchmark Shanghai Composite Index down 1.03%, at 2,976.69 pts.
The smaller Shenzhen index declined 1.28% to close at 10,366.85 pts. The ChiNext Index, which tracks China’s NASDAQ - style board of growth enterprises, lost 1.65% to close at 2,204.65 pts.
Foreign direct investment (FDI) into the Chinese mainland slipped 5.8% Y-Y in December of Y 2015, its 1st yearly drop since August 2014, data from the Ministry of Commerce (MOC) showed Wednesday.
FDI in December reached RMB 77.02-B (US$12.23-B), MOC spokesperson Shen Danyang told a press conference.
He attributed the decline to a higher base in the same month of Y 2014 as well as changing currency trends and market conditions, without elaborating.
The Chinese currency, RMB Yuan, has been heading South since PBOC, China’s Pcentral bank, revamped the foreign exchange mechanism in August 2015, saying it was making the rate more market-based.
The weakening RMB Yuan was influenced by the start of a new rate-hike cycle in the United States and a slower Chinese economy.
Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.
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The CEE Pension Funds Conference & Awards 2016 brings together senior executives from the CEE region. Recognizing their achievements and providing a complete overview of trends and regulatory updates, the [. ]
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The CEE Pension Funds Conference & Awards 2016 brings together senior executives from the CEE region. Recognizing their achievements and providing a complete overview of trends and regulatory updates, the conference stands as an acclaimed event in the field of pension funds and investments.
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Stock futures bounce back ahead of jobs report
Friday, January 8, 2016 8:01 AM
(Reuters) - U. S. stock index futures were higher on Friday as Chinese stocks recovered, oil prices clawed back after touching 12-year lows and the yuan was firmer, ahead of the monthly U. S. jobs report.
* The report is expected to show that U. S. employers likely maintained a fairly strong pace of hiring in December, with nonfarm payrolls expected to increase by 200,000, and unemployment rate holding steady at 5 percent. The report is expected at 8:30 a. m. ET (1330 GMT)
* A solid report would suggest that the recent weakness was largely restricted to manufacturers and exporters. Both have been hit by a strong dollar and anemic global demand.
* China nudged the yuan higher for the first time in nine days, while traders welcomed the country's decision to suspend a circuit breaker which halted trading twice this week.
* The CSI300 index and the Shanghai Composite index both closed up 2 percent, capping off a week of tumult.
* Oil prices rose modestly, boosted by the recovery in Chinese shares, but remained within reach of 11-1/2 lows.
* U. S. stocks closed down sharply on Thursday, giving the Dow and S&P 500 their worst four-day starts to a year ever.
* Shares of Cirrus Logic were down 3.5 percent at $25.85 in premarket trading, a day after the Apple supplier cut its revenue estimates for the third quarter. Apple was up 0.7 percent at $97.10.
* Time Warner was up 2.2 percent at $71.75 after the New York Post reported that activist shareholders could push the media company to sell itself or spin off its lucrative HBO business.
* Baxalta International was up 3.8 percent at $42 after reports that peer drugmaker Shire Pharmaceuticals is preparing to announce its roughly $32.5 billion acquisition of Baxalta as early as Monday. Shire's U. S. listed shares were up 2.5 percent at $191.45.
Futures snapshot at 6:36 a. m. ET:
* Dow e-minis were up 102 points, or 0.62 percent, with 63,381 contracts changing hands.
* S&P 500 e-minis were up 12 points, or 0.62 percent, with 291,281 contracts traded.
* Nasdaq 100 e-minis were up 32.25 points, or 0.75 percent, on volume of 53,362 contracts.
(Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)
This article was written by Tanya Agrawal from Reuters and was legally licensed through the NewsCred publisher network.
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Walt Disney Company Forex Risk Management Interview Questions
Me presenté a través de la universidad. El proceso duró 1 día. I interviewed at Walt Disney Company (Los Angeles, CA (US)) in February 2012.
I applied through school career center, and I went there for this first round pre-selection interview. It's 1 on 1, the recruiter was in investment banking for a long time and went to MBA afterwards. After graduation he plays an important role in Disney. He is a very senior and professional guy. The interview was casual though. He asked me a few questions regarding my resume, then we discussed detailedly about a project I did in school. Last for 20 mins, and nothing technical. But I guess it would be harder in the next few rounds.
What's your favorite course in school? Answer Question
What kind of opportunity does this position sound to you? Answer Question
Walt Disney Company 2012-02-21 19:01 PST
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Transport stocks threaten fall
By Colin Twiggs June 9th, 2011 4:00 a. m. ET (6:00 p:m AET)
These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use.
Bellwether transport stock Fedex is threatening primary support at 85. Failure would confirm the reversal signal from UPS — with negative implications for the broader economy.
UK stocks fell on Wednesday, with the FTSE 100 signaling a correction to test primary support at 5600. Twiggs Money Flow (21-day) holding below zero warns of strong selling pressure.
The Shanghai Composite Index recovered above primary support at 2700, but retreated Thursday for another test. Downward breakout would confirm the reversal signal from the Shenzhen Index.
The Dollar Index is headed for a test of primary support at 73; failure would warn of a decline to 70*. Bullish divergence on Twiggs Momentum, however, suggests that the down-trend is weakening and recovery above 76.50 would signal a reversal.
* Target calculation: 73 - ( 76 - 73 ) = 70
Gold is testing the upper border of is trend channel. Respect of $1575 would signal a down-swing to the lower channel. Breach of $1475 would confirm. A stronger dollar would weaken gold.
* Target calculation: 1575 + ( 1575 - 1475 ) = 1675
The Gold Miners ETF threatens a double top reversal. Breakout below 53 would complete. Bearish divergence on 21-day Twiggs Money Flow and a fall below zero confirm strong selling pressure. Primary trend reversal on gold miners would warn of a similar reversal on the physical metal.
Silver continues to range between $33 and $39; breakout will indicate future direction. Penetration of the long-term trendline would warn that the primary trend is weakening.
The CRB Commodities Index displays a similar pattern, consolidating between 335 and 350. Breakout will indicate future direction. Again, the dollar is likely to have a strong influence.
Brent crude continues to test resistance at $117/barrel. Breakout would signal an advance to $125, while respect would warn of another test of support at $110. A slowing of the global economy, as signaled by declining transport stocks, would weaken demand for crude, making reversion to the long-term trendline at $90 more likely. A stronger dollar would also lower prices.
The euro is consolidating in a narrow band (between $1.455 and $1.47), indicating continuation of the rally to test $1.50*.
* Target calculation: 1.40 + ( 1.40 - 1.30 ) = 1.50
The sovereign debt crisis has bedeviled the euro, as indicated by the sharp fall against the Swiss franc since early 2010.
* Target calculation: 1.24 - ( 1.32 - 1.24 ) = 1.16
* Target calculation for CHFUSD: 1.00 + ( 1.00 - 0.80 ) = 1.20
Despite the strength of the Swiss franc, gold has appreciated more than 250% in CHF over the last 6 years, compared to approx. 340% against the USD.
The pound respected its long-term trendline and is testing short-term resistance at $1.65. Breakout would indicate continuation of the rally to $1.67. Failure of support at $1.60 is unlikely but would warn of a correction to $1.53.
* Target calculation: 1.63 + ( 1.63 - 1.53 ) = 1.73
The dollar is again testing long-term support at ВҐ80. Failure would signal a down-swing to ВҐ75*, but would be likely to spur further efforts by the BOJ to halt appreciation of the yen.
* Target calculation: 80 - ( 85 - 80 ) = 75
The kiwi dollar threatens a breakout above $0.82, its 2008 high against the greenback. Follow-through would signal an advance to $0.84*.
* Target calculation: 81 + ( 81 - 78 ) = 84
The Aussie dollar is retracing for another test of support at $1.05 against the greenback. Failure would test medium-term support at $1.02, while recovery above $1.075 would signal an advance to $1.15*. Declining momentum, however, favors a downward breakout.
* Target calculation: 1.10 + ( 1.10 - 1.05 ) = 1.15
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China
China , Chinese (Pinyin) Zhonghua or (Wade-Giles romanization) Chung-hua. also spelled (Pinyin) Zhongguo or (Wade-Giles romanization) Chung-kuo. officially People’s Republic of China. Chinese (Pinyin) Zhonghua Renmin Gongheguo or (Wade-Giles romanization) Chung-hua Jen-min Kung-ho-kuo. country of East Asia. It is the largest of all Asian countries and has the largest population of any country in the world. Occupying nearly the entire East Asian landmass, it occupies approximately one-fourteenth of the land area of Earth. Among the major countries of the world, China is surpassed in area by only Russia and Canada. and it is almost as large as the whole of Europe .
Shanghai: financial district © Jeremy Woodhouse/Getty Images China has 33 administrative units directly under the central government; these consist of 22 provinces. 5 autonomous regions, 4 municipalities ( Chongqing. Beijing. Shanghai. and Tianjin ), and 2 special administrative regions ( Hong Kong and Macau ). The island province of Taiwan. which has been under separate administration since 1949, is discussed in the article Taiwan. Beijing (Peking), the capital of the People’s Republic, is also the cultural, economic, and communications centre of the country. Shanghai is the main industrial city; Hong Kong is the leading commercial centre and port.
Within China’s boundaries exists a highly diverse and complex country. Its topography encompasses the highest and one of the lowest places on Earth, and its relief varies from nearly impenetrable mountainous terrain to vast coastal lowlands. Its climate ranges from extremely dry, desertlike conditions in the northwest to tropical monsoon in the southeast, and China has the greatest contrast in temperature between its northern and southern borders of any country in the world.
The diversity of both China’s relief and its climate has resulted in one of the world’s widest arrays of ecological niches, and these niches have been filled by a vast number of plant and animal species. Indeed, practically all types of Northern Hemisphere plants, except those of the polar tundra, are found in China, and, despite the continuous inroads of humans over the millennia, China still is home to some of the world’s most exotic animals.
Probably the single most identifiable characteristic of China to the people of the rest of the world is the size of its population. Some one-fifth of humanity is of Chinese nationality. The great majority of the population is Chinese (Han), and thus China is often characterized as an ethnically homogeneous country, but few countries have as wide a variety of indigenous peoples as does China. Even among the Han there are cultural and linguistic differences between regions; for example, the only point of linguistic commonality between two individuals from different parts of China may be the written Chinese language. Because China’s population is so enormous, the population density of the country is also often thought to be uniformly high, but vast areas of China are either uninhabited or sparsely populated.
Great Wall of China Contunico © ZDF Enterprises GmbH, Mainz With more than 4,000 years of recorded history. China is one of the few existing countries that also flourished economically and culturally in the earliest stages of world civilization. Indeed, despite the political and social upheavals that frequently have ravaged the country, China is unique among nations in its longevity and resilience as a discrete politico-cultural unit. Much of China’s cultural development has been accomplished with relatively little outside influence, the introduction of Buddhism from India constituting a major exception. Even when the country was penetrated by such “barbarian” peoples as the Manchu. these groups soon became largely absorbed into the fabric of Han Chinese culture.
This relative isolation from the outside world made possible over the centuries the flowering and refinement of the Chinese culture, but it also left China ill prepared to cope with that world when, from the mid-19th century, it was confronted by technologically superior foreign nations. There followed a century of decline and decrepitude, as China found itself relatively helpless in the face of a foreign onslaught. The trauma of this external challenge became the catalyst for a revolution that began in the early 20th century against the old regime and culminated in the establishment of a communist government in 1949. This event reshaped global political geography, and China has since come to rank among the most influential countries in the world.
Central to China’s long-enduring identity as a unitary country is the province, or sheng (“secretariat”). The provinces are traceable in their current form to the Tang dynasty ( ad 618–907). Over the centuries, provinces gained in importance as centres of political and economic authority and increasingly became the focus of regional identification and loyalty. Provincial power reached its peak in the first two decades of the 20th century, but, since the establishment of the People’s Republic, that power has been curtailed by a strong central leadership in Beijing. Nonetheless, while the Chinese state has remained unitary in form, the vast size and population of China’s provinces—which are comparable to large and midsize nations—dictate their continuing importance as a level of subnational administration.
Quick Facts
1 Statutory number; includes 36 seats allotted to Hong Kong and 12 to Macau.
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The CEE Pension Funds Conference & Awards 2016 brings together senior executives from the CEE region. Recognizing their achievements and providing a complete overview of trends and regulatory updates, the [. ]
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The CEE Pension Funds Conference & Awards 2016 brings together senior executives from the CEE region. Recognizing their achievements and providing a complete overview of trends and regulatory updates, the conference stands as an acclaimed event in the field of pension funds and investments.
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Daily Commodity Futures Price Chart: May 2016
Análisis
Bollinger Bands Indicator:
Conventional Interpretation: The Bollinger Bands are indicating an overbought market. An overbought reading occurs when the close is nearer to the top band than the bottom band.
Additional Analysis: The market appears overbought, but may continue to become more overbought before reversing. Look for some price weakness before taking any bearish positions based on this indicator.
Mov Avg 3 lines Indicator:
Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average
Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average.
Análisis Adicional - Corto Plazo: El mercado es EXTREMADAMENTE BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average.
Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.
Análisis Adicional - Largo Plazo: El mercado es EXTREMADAMENTE BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average.
Mov Avg-Exponential Indicator:
Conventional Interpretation: Price is above the moving average so the trend is up.
Additional Analysis: Market trend is UP.
Stochastic - Fast Indicator:
Conventional Interpretation: The stochastic is in overbought territory (SlowK is at 86.45); this indicates a possible market drop is coming. The stochastic is bearish because the SlowK line is below the SlowD line.
Análisis Adicional: La tendencia a largo plazo es UP. La tendencia a corto plazo es UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you to.
Stochastic - Slow Indicator:
Conventional Interpretation: The SlowK line crossed below the SlowD line; this indicates a sell signal. The stochastic is in overbought territory (SlowK is at 89.69); this indicates a possible market drop is coming.
Análisis Adicional: La tendencia a largo plazo es UP. La tendencia a corto plazo es UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you to.
Swing Index Indicator:
Conventional Interpretation: The swing index has crossed zero, identifying this bar as a short term pivot point.
Análisis Adicional: No hay interpretación adicional.
Volatility Indicator: Volatility is trending up based on a 9 bar moving average.
Interpretación convencional: No hay indicaciones para el volumen.
Análisis Adicional: La tendencia del mercado a largo plazo, basada en un promedio móvil de 45 bar, es UP. La tendencia del mercado a corto plazo, basada en una media móvil de 5 bar, es UP. Volumen es tendencia más alta, lo que permite una recuperación de la volatilidad.
Interpretación convencional: RSI está en territorio neutral. (RSI is at 73.34). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.
Additional Analysis: RSI is somewhat overbought (RSI is at 73.34). However, this by itself isn't a strong enough indication to signal a trade. Busque evidencia adicional antes de ponerse demasiado bajista aquí.
Interpretación convencional: ADX mide la fuerza de la tendencia predominante. Un aumento de ADX indica una fuerte tendencia subyacente, mientras que una caída de ADX sugiere una tendencia de debilitamiento que está sujeta a la inversión. Actualmente el ADX está aumentando.
Additional Analysis: The long term trend, based on a 45 bar moving average, is up. Further, a rising ADX indicates that the current trend is healthy and should remain intact. Look for the current uptrend to continue.
Comm Channel Index Indicator:
Conventional Interpretation: CCI (112.43) recently crossed above the buy line into bullish territory, and is currently long. This long position should be liquidated when the CCI crosses back into the neutral center region.
Análisis adicional: CCI a menudo pierde la parte temprana de un nuevo movimiento debido a la gran cantidad de tiempo pasado fuera del mercado en la región neutral. Iniciando señales cuando CCI cruza cero, en lugar de esperar a que el CCI cruce fuera de la región neutral a menudo puede ayudar a superar esto. Given this interpretation, CCI (112.43) is bullish, but has begun showing some weakness. Begin looking for an attractive point to liquidate long positions and return to the sidelines.
Conventional Interpretation: DMI+ is greater than DMI-, indicating an upward trending market. A signal is generated when DMI+ crosses DMI-.
Additional Analysis: DMI is in bullish territory.
Conventional Interpretation: MACD is in bullish territory, but has not issued a signal here. MACD genera una señal cuando el FastMA cruza por encima o por debajo del SlowMA.
Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. La tendencia a corto plazo, basada en una media móvil de 9 bar, es UP. MACD está en territorio alcista. However, the recent downturn in the MacdMA may indicate a short term decline within the next few bars.
Conventional Interpretation: Momentum (22.50) is above zero, indicating an overbought market.
Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. La tendencia a corto plazo, basada en una media móvil de 9 bar, es UP. Momentum está en el movimiento bullish del territorio. Upside es probable.
Indicador de Interés Abierto: Interés Abierto está subiendo de acuerdo con una media móvil de 9 bar. Esto es normal a medida que la entrega se aproxima e indica mayor liquidez.
Rate of change Indicator:
Conventional Interpretation: Rate of Change (8.19) is above zero, indicating an overbought market.
Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. La tendencia a corto plazo, basada en una media móvil de 9 bar, es UP. La tasa de cambio está en territorio alcista.
Importante: Este comentario está diseñado únicamente como una herramienta de formación para la comprensión del análisis técnico de los mercados financieros. It is not designed to provide any investment or other professional advice.
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Articles Posts
by SMR Published on 10-08-2015 12:51 PM
Despite the fact that the evening numbers on the oil reserves in the US were below the morning forecasts of API, we assume that at the back of a number of long-term positive factors, the oil prices might continue upping. We expect the Brent oil quotes to reach the range of 55-60 USD per bbl in the nearest outlook. The Fed session results might form a strong driver tomorrow. News, important for the Russian market, might come from the results of government hearing the budget draft for 2016.
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by SMR Published on 10-08-2015 12:50 PM
Notes/Observations - German Exports fall 5%, the lowest in eight months in further signs of Europe's slowing economy. - Deutsche Bank shares reverses initial losses after talk of a capital hike recedes - Cable settling over $1.53 ahead of the BoE rate decision.
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by SMR Published on 10-08-2015 12:49 PM
The FTSE 100 is called to open slightly higher this morning but investor sentiment is likely to be cautious following the mixed performances on Wall Street and in Asia. Overnight we had domestic economic data from the RICS showing that the UK house price balance fell to +44 in September from +53 in August which was below forecast. The economic diary today also sees the Bank of England MPC interest rate decision announcement. the release of the latest US weekly jobless claims and this evening at 7.00pm a speech from the Bank of England Governor Mark Carney and the publication of the FOMC meeting minutes as well. Commodity prices are lower and on the foreign exchanges, the pound is slightly weaker against both the dollar and the euro but all the key currencies are within narrow trading ranges ahead of the Bank of England statement and Mark Carney's speech and US data announcements.
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by SMR Published on 10-08-2015 12:48 PM
Index Snapshot (as of 02:30 GMT) - Nikkei225 -0.7%, S&P/ASX +0.6%, Kospi +0.1%, Shanghai Composite +3.8%, Hang Seng -0.4%, Dec S&P500 -0.4% at 1,980
Commodities/Fixed Income - Dec gold -0.5% at $1,143/oz, Nov crude oil +0.5% at $48.06/brl, Dec copper -0.7% at $2.35/lb - GLD: SPDR Gold Trust ETF daily holdings fall 1.8 tonnes to 687.2 tonnes - SLV: iShares Silver Trust ETF daily holdings fall to 9,802 tonnes from 9,855 tonnes (lowest level since Dec 2012) - JGB: Japan's MOF sells 30-year JGB sells Ґ728B in 1.4% 30-year bonds; Avg yield: 1.350% v 1.412% prior; Bid to cover: 3.33x v 3.11x prior.
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by SMR Published on 10-08-2015 12:48 PM
European equities are set to start flat this morning as traders struggle for direction. Yesterday was a mixed day for Europe, what with the DAX higher, the CAC flat and the FTSE lower. Overnight hasn’t provided any clarity both though as the US had a strong session with respectable gains whilst Asian markets have erased early gains and are now heading south. With the recent rally built on the assumption that the world’s central banks will help out with some more loose monetary policy, with the BoE and Fed releasing the minutes from their last meeting and an ECB meeting today, we could be about to find out that the bulls rally has been built on sand.
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by SMR Published on 10-08-2015 12:45 PM
- Benchmark share indices hit their highest level in over six weeks led by commodity shares tracking a recovery in global crude oil prices while beaten down metal shares surged amid value buying and short covering at lower levels.
The 30-share Sensex ended up 103 points to end above 27,000 at 27,036 for the first time since August 21, 2015 and the 50-share Nifty ended up 25 points at 8,177. In the broader market, BSE MidCap and SmallCap indices ended up 0.1-0.4%.
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by SMR Published on 10-08-2015 12:44 PM
- According to AllianceDBS Research, MKH’s strong foothold in Kajang and Semenyih makes it the largest beneficiary of the improved public transport connectivity via two mass rapid transit (MRT) stations within Kajang, which has also boosted its property sales.
- The group said the advantage of low land cost within the growing Kajang/Semenyih corridor, giving it pricing flexibility. Record unbilled sales stood at RM855 million, 1.2 times of its FY16 property revenue.
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