Monday, November 27, 2006

The GBP and EUR is getting expensive in comparation with USD

The economy of Great Britan rise with 0.7% on quarter 3 in comparation with quarter 2, and the rate of economy rise with 2.7%, under 2.8% who was the estimate of analist.

The rising of 0.7% was taken in consideration by Bank of Englend when was taken the decision to rise the rate of interest at 5%. Spend was rise with 0.4%, on the 3 quarter. After this news, the GBP appreciate toward USD on 1.9340 dollars and EUR elapse the 1.3 dollars for the first time from April 2005. EUR it's still continue the appreciate toward the USD as a matter of fact the European Central Bank will expensive the interest in 2007.

EUR was rise in this year with 10.3% toward the USD once with the rise of economy registered in EUR zone.

Sunday, November 05, 2006

BMFMS

BMFMS (Sibiu Monetary - Financial and Commodites Exchange) appear in Romanian at 14 dec 1994 with 11 stockholder. His objective was to transaction in spot market. In 1996 the sibian stock-exchange was represented at EXPO '96, the exposition with the famous stock-exchange in the world, at Chicago. In dec 1996 was finishing the first location of the sibian market. Acros the years the sibian market was grewing and today it is a very big market in Romanian. How to play ? It is vey easy, it is like the forex, you can buy or sell contract with a period by 3 months (each contract have 1000 actions). From example, if i buy 10 contracts it means that i buy 10000 actions. The market start at 9:45 am (GMT +2) until 16:00 pm (GMT +2). The societys who transaction on market are: DEAMO, DEATB, DEAZO, DEBCC, DEBIO, BUBOR, DEBRD, DEBRK, DECMP, DEIMP, DEOLT, DERBR, DERRC, DESBX18, DESBX9, DESIF1, DESIF2, DESIF3, DESIF4, DESIF5, DESNP, DETLV, EUR/USD, RON/EUR, RON/USD. The platform looks like that: