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Wednesday, February 17, 2010

IMF plans to sale gold attracts Asian Banks

IMF plans to sale gold attracts Asian Banks

IMF plans to sale its remaining 191.3 tonnes of gold to raise new fund and seeks buyers among asian central banks.

Dollar and gold are said to be inversely equal because of IMF gold sale there was a fall in gold price in the market and because of it Dollar rose in its price.

The US dollar rose to its 9-months high against euro. Shares In Japan edged higher as a weaker Yen helped exporters stocks

Many of the Fedral Reserve policy are also pretty confident of US recovery and want to begin selling security.

Gold fell to 0.4 percent to $1,101.5 an ounce after peaking at 1,126.85 higgest since January 20, before IMF news on gold sales.

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Stock Terms and jargons

Active Share: An active share is the one which has a volume in trade (it has changed hands in many), these are the shares which are easy to buy or sell. which also may have some news sticked along with it.

Advance-Decline ration: It is also known as advanced decline ratio. This ratio is used to find whether market is in bullish trend or in the bearish trend, in other words whether the market is in advacing or declining. It is found by dividing the total number of advanced shares to the total number of declined shares. For instance: there are a total of 10000 stocks listed in the market of them 800 advances and 200 declines then the Advance Decline ratio would be 4 and since the ratio. Any value more than 1 would indicate a rising trend (bullish trend) and any value which is less than 1 would indicate a declining trend (bearish trend).

ADR: American Depository Receipt is a negotiable receipt issued by the US banks stating that the number of shares have been deposited with them. This can be directly traded in the stock market. This in turn eases an American investor to buy ADR than to buy an foreign stock in a foreign market. The rate of an ADR is close to the rate of the stock in the home market.

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Aging Schedule

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Amortization

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Asset

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Average

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