BEN BERNAKE THE LAST ACT

Hi everybody today is an important day on financial markets  a day which many investors expect it.Why is so important?  It's important because today is Federal Open Market Committee and perhaps the last meeting that will be leaded by Ben Bernake.

Ben Shalom Bernake is complet name the most powerful banker in the world and the person who toke the FED destiny from more than 6 years as chairman of Federal Reserve.

Appreciated by some criticized by others  Bernake done to establish an equilibrium.In the past of the years Bernake introuduced Bernake doctrine the teory that traditional business cycles have declined in volatility in recent decades and the most important and known fiscal policy who introduced is no doubt QE ( Quantitive Easing).

We can define QE as unconventional monetary policy introduced by Federal Reserve to stimulate us economy to make to bost it.By QE  FEd is buying treasury bonds in among of 85 billion $ every month.Initially was though that QE will produce healthy economic growth but it is not.The economic situation in US is improving unemployment rate is 7 % in november us added 203 k more jobs

I was wondering why is need quantitive easing? QE was taken out as an insurance against fiscal drag and is no longer needed.Back to my article title about FOMC meeting will be important to see what Bernake will say and the economic projections.And at the end I wish as a investor that Bernake to be more hawkish as a gift for Christmans.

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STERLING POUND GOING TO 1 ,5950?

Hi everybody it's a pleasure to write again and today I prepared the technical analysis on GBPUSD currency pair.Last week it seems that bears take control on GBPUSD ,the uptrend  period momentary it's over.

Concludent example it represent a series of economic indicators that were published last week.In October 2013 exports and goods in the UK decreased by 0,5 billion pounds to 12,1 billion,also the RICS (Royal Institution of Chartered Surveyors)  Hause Price Balance increased to 58% from 57% but was much lower than economists forecast.Industrial production rose 0,4 % in October and also manufacturing production rose with 0,4 % .

Last week depreciation of pound comes amid of us economic data.In October US added 203 k more jobs,retail sales rose in November at a solid peace americans bought automobiles and other goods.For next week the main event it's with no doubt Federal Open Market Committe  where will be presented economic projections.Remains to be seen if the FED will start to taper assets purchases

                                                                      TECHNICAL ANALYSIS

On gbpusd started with monthly charter you can see that sellers take out the control,important to see how will close this candlestick at the end of the month.On weekly chart the hammer candlestik emphasize that gbpusd is going to an downtrend and moreover here you can see that we have a continues bearish divergence and the profit target will be 1 5950.
In conclusion for the week 16-20 December on GBPUSD I've bearish views.And don't forget investing in fx,stocks and commodities markets implies high risks.

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TAPER A CHRISTMAS GIFT FROM BERNAKE

Hi everybody financial year 2013 in close to end.It was a year which the main economies has reported signs of recover but not enougf.These small economic increases give us the hope that 2014 will be much better.

The most performing economy is with no doubt UK economy with 0,8 % GDP growth in Q3 2013 compared with Q2 2013 and unemployment rate drops to 7,6%
.
Central banks leaders in hope to revive thier economies created special tools such quantitive easing as they are called but for this subject I "ll write in other article.

Bankers from Ben Bernake to Kuroda adopted such tools to improve local economies.To end 15 years of defalation the Japan Central Bank governor Haruhiko Kuroda launced a series of measures such local assets purchases which reach up to 6 trillion yen in hope to hit 2 % inflation in 2015.Analysts are skeptical that BOJ will hit the inflation target,but will se what's going happen.

Almost the same situation is in United States.Federal Reserve is using quantitive easing  to help us economy to recover by it's monthly asset purchase program.But economis situation in USA differs greatly from Japan.In november us added 203 k more jobs and the unemployment rate drop to 7,00%  making speculation that Fed is ready to taper it's 85 billion $ assets purchase.

Fed chairman Ben Bernake say:"Fed will continue the easing policy for a long as needed"
Despite it was informations that FED will reduce the program in september Bernake has surprised everyone including me to announced that FED will maintian stimuls.

It seems that FOMC meeting in december will be the main event on financial markets.A reducing of bonds purchasing could be seen as a Christmas gift from Bernake at the end of his mandate as Federal Reserve chairman.

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EURO UNDER NEGATIVE DEPOSIT INTEREST RATE PERSPECTIVE

Hi everybody Negative deposit interest rate? Yes it could happen.Important ECB leaders emphasize this.But for that we should wait European Central Bank press conference and bid rate.

Last week euro reported earnings against all currencies unemployment rate in the eurozone area drop from 12,1% in october ,german preliminary (CPI) Consumer Price Index increased from -0,2% to 0,2 % in October

Despite falling of german import prices from 0,0% to negative -0,7%  and german unemployment change which increased from 3k to 10 k in october.

For the next week tha main event it seems to be with no doubt Mario Draghi press conference

On eurusd currency pair  excpet for ECB press conference other events are US preliminary GDP which is forecast to grow from 2,8% to 3,1 %,non farm employment change despite plesant report last week for december the economist forecast it to fell from 204 k to 184 k

                                                                     TECHNICAL ANALYSIS

On eurusd H4 chart the bearish divergence it seems to be consumed so you can think to enter with buy orders starting with 1,3610 and the profit target will be near psychological level 1,3700 ,1,3690 could be a realistic profit target.

If the price fall to pass 1,3610 you can take under the consideration short sell orders started with 1,3560 and the profit target will be near 1,3510 ,stop loss above the last high 1,3630.And at the end don't forget investing in stock,commodities,fx markets implies high risks.

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EURO UNDER PRESSURE

Hi everbody this week that just past produced important movements on financial markets.With no doubt the important event was ECB decision to cut the benckmark from 0,50% to a new historic low 0,25%.The decision surprised everyone.only three form 60 economist questioned by Bloomberg magazine forecast this movement.

The decision comes in a moment when it could be better,euro area was threatened by deflation euro was over in the couple of weeks.To eliminate deflation danger ECB President Mario Draghi announced the cut of interest rate a record low euro currencies depreciated against all currencies.

              11-15 November economic outlook

The Us dolar has strenghtened by the surprise NFP economic data wich reported important jobs 204 k new jobs added in cotmber,this come after another plesant surprise for american economy 3 quarter GDP which increased with 2,8 %
Euro retail sales drop by 0,6% in september 2013 compared with august 2013,despite the rose with 0,1 % of industrial producer index in september 2013 compared august 2013

Technical analysis on EUROUSD

For the next week on eurusd currencies pair I'm bearish on h4 chat if the price broke the resistance line 13319 we can choose to enter with sell oders starting with 13300 and the profit target will be near the next trend line  13212.In the scenario that price wouldn't broke the resistance line we can choose to enter with buy orders after the price test resistance line and the profit target  will be near the level 13455.So that's for eurousd for the next week and don't foreget investing in stocks,commodities,fx markets implies high risks.

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AUSSIE IS PREPARING FOR RETURN?

Hi everybody today I"d like to show some information about the australain dolar.Last week the aussie depreciated against all major currencies (aussie for those who don't yet know is the australian dolar)

Fundamental analysis

Building approvals rose 14,4 % in september,australian import price index rose 6,1 % in the september quarter 2013 the increase was driven by the depreciation of the australian dolar resulting increased price for imports.Inflation rate rose in september quarter with 1,3 %.

For 4-9 November the important event seems to be tuesday cash rate and the RBA statement.

Technical analysis

On audusd currencie pair if we look on H4 time frame it seems that the beers take the control but it is not relevent.So my opinion for de sell positions we need to wait untill de bullish divergence is consumed to resistence line 0,9487 if the resistence line has not broken we can enter with sell orders 0,9459 and the profit target will be 0,9388 near the level line 0,9378.

For those which wants to sell aussie they can enter with sell orders if the level 0,9378 will be broken will should to wait to be sure that the price to retest the level 0,9378  and you can enter with sell orders starting with 0,9353 and profit target will be near 0,9300.

For those with bullish view if we look on a daily chart we see that we have hiden divergence with bullish divergence on h4 so you can enter with buy orders if the resistence line will be broken when reversal bullish candlesticks appear.

Don't forget invest in stocks,commodities,fx markets implies high risks.
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LEHMAN BROTHERS GOST HIT CHINA

 Hi everyone today I'd like to speak about China a power in expansion which would to become the main economic power in 2030. About China importants business newspapers wrote articles every day.

In China it seems that things are no so good and People of Communist Party know that.China is confronted with bad loans crisis. To mask this problem China Central Bank and clampdown the inflation introduces 1 year Loan Prime Rate (LPR) lending benckmark.

Making a parallel with the situation in US 2007-2008 we can say it resemble in both casses we have bad loans.This situation causes concer to chinese autorities they ensure us that everything is under control and at the end we still to wait sa see what's going happen.

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Image source: The guardian)

NON FARM PAYROLLS DISAPPOINTED ME FOR THE FIRST TIME

Hi everyone as I said in my last article I promise that I try to write article everyday.As you probably know the US Congress passes the bill and rise the debt.Starting with this movements the things seems to go in to the normal on financial markets.

The important economic data of this week was with no doubt Non Farm Payrolls important economic indicator in US.This indicator measures the number of jobs excluding farming industry who was created in the previous month,it is called the indicator which move the markets.

Traders of all round the world wait this economic report for every month ,at ussualy it's published  friday in the first week of month.

After the goverment was shutdown the public institutions  closes their activities and reopen after the bill passe in Congress.In september was created only 169 K jobs in us,for october the economists forecast 182 K jobs.But as many time economists were wrong the official data was 148 k jobs in us in octomber and the unemployment rate 7,2%.

The reaction in Fx markets was sell us dolar.But where came my frustration? All most of all currencies pairs with us dolar reported important movements but with only exception (USDJPY)

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CONFIDENCE IN GOLD WAS RETURNED??

It passed a long time since I wrote the last article.Starting with today I promise that I try to write articles every day.Event that caught  my attention last week was the Congress passes bill and raise the us debt and reopen the government.

What followed  this deal was important gains in stocks.In FX markets those who traded against the us the dolar had gained.
It seems that the global economy is in trouble,us economy was threatened with default,Japan economy reported moderatly growth,eurozone area stagnates.Despite to this problems it seems that investors look attention on commodities in special gold.

The precious metal reported important earnings in the last week.The question is?  If the scenario from 2009-2011 will returned and the gold will become a safe haven.Will see what's will happen. In the chart you see how the resistance line was broken.

In the next period  I see buying opportunities for gold on weekly time frame you should wait to retest the support line 1315,12
 after the retest of this level you can choose to enter with buy orders started with 1328  first profit target ,stop loss behind support level 1246.

After the price will reache the level 1315 the pattern which has been formed is a double bottom ,I recomend to no enter immediately with buying orders you shoul wait untill the price will retest the level  of 1431,89 and enter with buying orders started with 1452,78 and the second profit target will be near the next level 1548,38.
This is my personal view about what will happen with gold in the next period.A don't foreget invest in stocks,fx,commodities markets implies risks.

ROMANIAN STUTTER ON CNN

In the last few days seems to broke a diplomatic scandal between London and Bucharest.I couldn't resist to tell my opinion about what happen.Recentely has discovered that in british supermarkets founded fresh horse meat.

Romanian ambasador in UK Ion Jinga  on intervention  on CNN explained how really  the situation is.He said that the romanian companies did not violate the law and not are the arguments that strenght the claims.

About this article what did me to laugh was how Mrs Jinga spoke english .I think it's unacceptable for a romanian ambasador to speak in that way english.But this example unfortunatelly is not singular in the past of the years important romanian politic leaders who stuttered the english on CNN.

AFRICA THE NEW EL DORADO

Until now I considered  that USA to be  the" land of choice"  for many . Today USA is yet the main economic power in the world even they have huge debt problem.

My childhood was marked by american movies ,when I saw how to live the" american dream"

Meanwhile my oppinion was changed ,North American continent was famous for stories with colonists who searched gold this period was called "Golden Rush".

El Dorado county was founded in 18 february 1850 and the main purpose was gold searching.In present a new continent tends to become a new EL Dorado more exactly Africa.

Today Africa is considered a poor continent but with important resources here I'd like to enumerate (gold,silver,oil,gas,etc).Important investors turned their attention to invest in Africa.Romanian entrepreneur Ovidiu Tender leased 4 perimeters in Senegal for the exploatation of heavy metals and also 50 % of Gambia in searching for phosphats.

In conclusion I think that who invest in Africa will have to gain,so my advise" Invest in Africa"


Image source: Free African media



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IT'S CHINA ABLE TO DUMP US DOLLAR ?

China becomes a formidable opponent for US in all points of view military and especially economic.Advantaging to weaknesses of us economy wiht huge debt problem.

This situation become a clash between titans from one part US injuried and another part China.In 2003 China bought us bonds at high historical level.But meanwhile US economy  went in recession.Not predicted this situation China is confrunted with a big problem that USA is or not able to pays his debts.

As for me this current situation become a fight for who will lead the world in the next decades.Many important economists are skeptical that USA are able to pay his debts.In an interview in 2011 to Bloomberg magazine the american bilionaire Warren Buffet said " Us debts are in dollar ,USA have to print currency and pay it"

Started to what Buffet said all of us knows that the us dollar represents world's reserve currency.Us is the only country which has the right to print currency.

Chinese officials are skeptic in posibility that USA to pay his debt.And started a plot  to dump us dollar as the world reserve currency.They started buying huge amonts of gold.

According to State Administration of Foreign Exchange in the last year China invest masive in gold getting to hold 33 890 000 ounces.Meanwhile us economy seems to recover.I think will be difficult to China to dump us dollar and I can't see what currency can replace it.

Image source: Reuters


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SALARIES IN CORPORATIONS

We live in a period that important business organizations wont to eliminate unnecessary expenses in hope to restructured their own business.Many important businesses  were affected by global economic recession.

It the past of the years it has been talking about huge salaries of executives who works in corporations here I would like to emphasize the bankers salaries.

In this essay I'd like to speak about two kinds of business organizations more exactly corporations and flat organizational structure.It's discutable to say what kind of organization is right to you to work and make a career.
On the one hand expenses in flat organization are lower than corporations here I refer to salaries.On the another hand salaries on flat organization are more likely based on performance and productivity.

First of all flat organization in hope to reduce costs outsourced important business departaments such a:( human resources,IT,Payroll) to outsourcing companies.

As for me I think it's important that employees should be paid form resuls,experience and expertize.Furthermore a flat organization can more easy to encourage the collegiality and cooperation among employees.
Despite a corporations it's huge structure it's more hard for persons to be promoted in top management board.Moreover in a flat organization dosen't exists middle-management level thus bringing to top management.With the elimination of middle-management level flat organization can more easy to gestionate their own expenses.

In conclusion I'd like to emphasize that corporations are ideal business models,but they have important gap.Researches shows that important part of employees works in corporations.For a person it's more easy to make a career in flat organization than a corporation,even whether the salaries in corporations are more big.

Image source:thingprogress.org

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WHAT FOLLOW AFTER COMMODITIES BUBLE?

In the last year I observed importants hedges investors focusing their attention to comodities which proven to be a good choice.Commodities in the past of the years reported important grows that made investors to invest in this marketable item.

They are a lot of factors that made investors to invest in comodities as like:investors distrus in currencies,the possibility to earn high profits in short term,low volatility of stocks markets,lak confidence in recovery of US economy.

In 2011 at Economic Forum at Davos the bilionaire George Soros attracted attention thar masive investments can create " inflation  depression"

As we all know that economic boom come and go,and I thing that madness for comodities will end soon.Back to my article " What follow after commodities buble" I think will be an interesting period.Maybe investors will focuse their attention to stocks???



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CORPORATE ENVIRONMENT VS ENTREPRENEURSHIP

To work in corporation is a dream for a lot of people but in the world are people who prefer to start their own business.In this article I'' ll presents arguments,adjantages and disadvantages of corporate and entrepreneurship.

To understand well what I say,first I try to explain what are corporations?

Corporations are predominantly in US,they are large institutions with offices around the world and a large number of shareholders.About corporations I will shown detalied informations in future articles.

The reasons of why people want to work for large institution,is that institution provide high salaries ,career perspective.Usually corporations hire people with solid economic background which graduated business schools.

Besides many advantage work in corporation is not easy.Primordial for each employee are results.No matter if we are talking about executives and employees of entry level.Working in corporations can provide you a lot of stress .For that reason some people try to avoid the working stress prefer to start their own business.Peoples  who start own business we call entrepreneurs.

Entrepreneurs are people with vision,creative and solid economic background.They wants to be own bosses and to put in practice what they think.

In conclusion of what I said until now both are closely related.Importants entrepreneurs that are in the world now started their activities in important corporations.They has decided to left corporations in hopes to create something new and to put in practice all they think.

In a corporate environment decisions are taken on board.The board meeting are leaded by chief executive officer or CEO as it called.

THE ENERGY DEMAND

I this short essay I will present,how the important is energy for our planet.Energy is indispensable for mankind.We can define energy as equivalent to a unit of force multiplied by a unit of lenght.

Energy exists in many forms:thermal,electric,nuclear,magnetic etc.The requirements of energy is growing  once with demographic expansion.

One the one hand energy demands force many countries to exploit source of energy .Inna attempt to satisfide energy demand and to obtain high profits importants corporations utilize natural resources as (oil,gas,coal)  to produce energy that we all need.

One the another hand the phenomenon of globalization and industrialization can affect environment in which we live.Processing of this resources polluate atmosphere,increase emissions of greenhause gases and contribute to global warming.Here I give some examples to see how corporations leaded by humans affect environment with negative repercussion.

(Ex:Oil spill I Mexico Golf where was involved British Petroleum) I addition to what I said until now  I can give another example more exactly nuclear energy that I consider to be too dangerous for environment.Nuclear disastres like Fukushima and Cernobal.

However in attempt to reduce emissions of greenhause gases,industrialized countries sign the Kyoto Protocol.As for me I think that alternative energy is the future regarding energy.When I say that I reffer that this kind of energy dosen't polluate the atmosphere.

Many countries encourage adaoption of alternative energy.Germany seeks to replace nuclear energy with alternative energy.However many countries encounter difficulties in adoption of this kind of energy.That's happen because the lack of legislation.
Furthermore the green energy is not cheap and produce contradictions on high level.Let's take an example bio fuells.Bio fuells are obtained by cereals(corn,wheat,canola,barley).Many specialist say that the utilization of cereals in bio fuells can produce a food crisis.

In concluzion I'd like to emphasize how the important is human in this equation  .After all human is considerate the main quilty to what is happening now with our planet.Industialised countries have to understand how the important is our planet and to manage carefully natural resources.

CENSORSHIP ON TELEVISION

Today in the morning when I opened my computer the main news on the important online newspapers was about Dan Diaconescu and his public television OTV.   The National Council of Broadcasting has banned OTV because the television has accumulate important fines and didn't pay yet.

At first impresion I gladed to see this news,but after that I realy felt sorry for him.In our society with all know how the important is for everyone to pay their bills and fines.

In a democratic society the televisions play important role.It is considereted the third power in the country.Media is important in our society because provide important informations about what realy happens  at all round ofyears world.

On the one hand media ar free in a modern society.But here things can be interpretable because the events that happened in the last  force the local autority under direct control of The National Council of Broadcasting toke unpopular measures for a scociety that who would be free.

Back to main subject baning Otv ,I think this measure was taken in the right mod.The reasons for what OTV had been penalized was as I say accumulation of the important fines.The causes that led for this fines were inadequate tv shows which did promovated vulgar languages and of course political criteria.

Only for gain rating and to be more popular in eyes of the peoples.

FROM GREAT DEPRESSION TO EURO DEBT CRISIS

On past of the years mankind has faced many economic crises.In our days Europe faces with a debt crisis.Important economists have found similarities between recent crisis and the great deprecion.

As fore me I don't know information about that period,fortunately  I wasn't born in that period and I don't know how was the life.About "The Great Depression"   I found information on the internet.

In this essay I 'll try to show the important aspects of boths.The Great depression started in US after Stock Marked price for shares have fall.That has happen around 4 September 1929.

After that the global economy failed in deepest  deprecion of XXth century.This crisis affected people around the world.Unemployment grew on high level,standard of life also.This deprecion was one of the reasons of started the second world war.Advantage of this situation the nationalism and socialist movements reached on top at political power.Here I can give an example NAZI in Germany.

Back in our days the Euro Debt Crisis have at the base sovereign debt of some important european contry like(Greece,Italy,Spain).This crisis has made difficult for some contries to pay or refinance the government debts without the help of important financial institutions like( World Bank,International Monetary Fund and European Central Bank).
The causes that lead to debt sovereign were:globalization on finance,risk lending and borrowing credits condition,real-estate bubbles ,fiscal policy and last cultural differences between developed contry in north and south.

In conclusion I'd like to emphasize that economic crisis have been and will be more.I hope that I dosen't happen soon.

"THE LONDON WHALE" PRODUCE FEAR ON FINANCIALS MARKETS

When tings seemd to move in a right direction,a new threat menace the world financial stability.At this time the protagonist is not defunct Leman Brothers,and another investment bank more exactly JP Morgan Chase
.
According to Bloomerg JPM was involved in a disaster trading with derivates that produced 6,2 bilion $ losses.  I was asking could this produce a new financial disasters? I hope no...

The JPM CEO Jamie Dimon , assure us that everything is under control.After Leman Brothers collapse trust in bankers decreased in eyes of the populations.This story reminded me about former Societe Generale Jerome Kerviel he produced 6,5 bilion euro losses.
This case resemble with 2008 case where Jerome was involved

THINKING AT LSE

London is one of the largest financial markets in the world and the most important in Europe.And to be onest I dream to work there.Here all important financial institution have their headquarters.But to work there is require skills and postgratued study.
A University wich provide the opportunities to work there is London School of Economics.LSE is one the important university in UK and in the world.Over the years LSE has  given important business and political leaders many of them Nobel Prize winners.
As for me I'd like to be part from LSE family.For several years I dream to LSE.Started with this year I decided to follow a Master Program more exactly MSc Finance and Private Equities.
The fees of this program is nearly 27 000 pounds and some tests that I  would ought to pass like:GPA.GMAT,TOEFL.

MY WISHES FOR 2013

Happy New Year All! It's the first time when I write an article in english on my personal blog.2012 has passed 2013 cames.If I summary 2012 in a single sentence can I say " 2012 was a good year for me.But allways will be place for better things I'm sure fore that.
What I expected  for 2013 ?  First good healt for me and for all of us,labor force work and prosperity.
On professional plan  I wish to continued my projects which have started like:

• Antreprenor Magazin
• Global Investment Corporation
• Oil Investment Corporation
• Master's program  to LSE

In the end I 'd like to say again Happy New Year! for all of us and best regards