Rank Country/Monetary Authority
Foreign exchange reserves
(Millions of USD) Figures as of— World (sum of all countries) 10,008,392
1 People's Republic of China --2,454,300 Jun 2010[1]
2 Japan --1,050,235 Jun 2010[2] — Eurosystem
(EU member states which have adopted the euro, incl. ECB)
715,733 June 2010[2]
3 Russia --461,200 Jun 2010[2]
4 Saudi Arabia --410,300 Dec 2009[3]
5 Republic of China (Taiwan) --372,063 Aug 2010[4]
6 Republic of Korea --285,350 Aug 2010[5]
7 India --282,840 Sep 2010[6]
8 Brazil --273,042 Sep 2010[7]
9 Switzerland --255,522 Jun 2010[2]
10 Singapore --206,933 Jul 2010[9]
11 Germany --197,107 Jun 2010[2]
12 Thailand --159,137 Aug 2010[10]
13 Italy --144,287 Jun 2010[2]
14 France --142,834 Jun 2010[2]
15 United States --128,601 Jul 2010[2]
Sunday, September 26, 2010
Thursday, January 28, 2010
Forex Study!!
Forex price movement what makes the price a simple question? Yes but most traders get it wrong, they either think its supply and demand fundamentals or prices move to some higher god on charts - neither is true.
Prices move based upon the sentiment of the people trading - they all come together to make a price so the equation for price movement is:
Supply and demand Fundamentals + investor Perception of them = Price
Lets look at why technical analysis and fundamental analysis have limitations and two great sentiment indicators you can use to add to help you judge sentiment and make bigger profits.
You can't trade the fundamentals in isolation. Why?
Because all the facts are there for people to see - but we all draw different conclusions from what they mean colored by our emotions. You can't trade them we all have the information now in a split second and it depends on sentiment toward them which way they go.
Charts don't move to a scientific theory that many people believe.
You will find many chartists claim that because human nature is constant, there is a scientific formula for market movement - but that's rubbish!
If there were, we would all know the price in advance and there would be no market!
Charts are useful however in showing sentiment as short time price spikes never last for long and prices always correct back to fair value, this is easy to see on a chart looking backwards - but how do you judge sentiment to back up what you see on a chart?
Answer:
Use sentiment indicators and here are 2 that if you use them, will help you spot market tops and bottoms and improve your market timing.
% Bullish
Been around for decades and is simply a poll but a very useful one.
If over 80% of people polled are bullish, sentiment is at a bullish extreme and a correction is likely and if the figure is below 20%, prices are at a bearish extreme and a rally is likely.
The above represents opinions not action and while it's useful, it becomes even more useful when used with the Commitment of Traders Report issued by the CFTC which shows action in the market place and allows you to top the worlds best traders.
How would you like to see what some of the smartest traders are doing with a track record of warning of every major top and bottom? Well you can, with this report and it's FREE.
While it is used in the futures market it's a great indicator for FX trend changes.
There are 3 groups of investors that are logged.
Commercials - smart money they own the currency and are hedging and know the long term fundamentals.
Big Speculators - Mostly large funds
(The above two groups under law have to report there positions)
Small Speculators - Everyone else.
What you need to do is watch when the commercials are buying or selling heavily and the other two groups are going the opposite way.
Prices move based upon the sentiment of the people trading - they all come together to make a price so the equation for price movement is:
Supply and demand Fundamentals + investor Perception of them = Price
Lets look at why technical analysis and fundamental analysis have limitations and two great sentiment indicators you can use to add to help you judge sentiment and make bigger profits.
You can't trade the fundamentals in isolation. Why?
Because all the facts are there for people to see - but we all draw different conclusions from what they mean colored by our emotions. You can't trade them we all have the information now in a split second and it depends on sentiment toward them which way they go.
Charts don't move to a scientific theory that many people believe.
You will find many chartists claim that because human nature is constant, there is a scientific formula for market movement - but that's rubbish!
If there were, we would all know the price in advance and there would be no market!
Charts are useful however in showing sentiment as short time price spikes never last for long and prices always correct back to fair value, this is easy to see on a chart looking backwards - but how do you judge sentiment to back up what you see on a chart?
Answer:
Use sentiment indicators and here are 2 that if you use them, will help you spot market tops and bottoms and improve your market timing.
% Bullish
Been around for decades and is simply a poll but a very useful one.
If over 80% of people polled are bullish, sentiment is at a bullish extreme and a correction is likely and if the figure is below 20%, prices are at a bearish extreme and a rally is likely.
The above represents opinions not action and while it's useful, it becomes even more useful when used with the Commitment of Traders Report issued by the CFTC which shows action in the market place and allows you to top the worlds best traders.
How would you like to see what some of the smartest traders are doing with a track record of warning of every major top and bottom? Well you can, with this report and it's FREE.
While it is used in the futures market it's a great indicator for FX trend changes.
There are 3 groups of investors that are logged.
Commercials - smart money they own the currency and are hedging and know the long term fundamentals.
Big Speculators - Mostly large funds
(The above two groups under law have to report there positions)
Small Speculators - Everyone else.
What you need to do is watch when the commercials are buying or selling heavily and the other two groups are going the opposite way.
Wednesday, January 28, 2009
Education For a New World
Education For a New World
The basis of Montessori philosophy is the premise that education is one of the fundamental building blocks of societal structure. Building a full and wholesome world for children not only fulfils an urgent social need, but is also a developmental imperative. The primary goal of education is to enable children to grow up to be citizens for tomorrow's world. Recognising that children should grow up in a family environment and that they should be raised in an atmosphere of happiness, love and understanding, Montessori education integrates the following ideals into its practice:
•
Every child has the inherent right to life
•
Every child, irrespective of background and ability, should enjoy a full and decent life
•
Every child should be nurtured in an environment which ensures dignity, promotes self-reliance and encourages an active participation in the family and the community
•
Every child has a right to a standard of living adequate for physical, mental, spiritual, moral and social development
Sahayog was founded in 2007 with a view to assisting in the delicate process of the formation of human personality and in tapping a child's immense and true potential. We aim to achieve this by offering a dynamic learning environment designed to meet the needs of various age groups. Walls that divide adults and children melt as the teacher and the taught are redefined. All members of the community work together as they pursue their own development in a nurturing environment. In doing so, they work towards the larger vision of Sahayog seeking social solutions as they develop into strong, responsible and well-balanced citizens.
"The child is endowed with unknown powers, which can guide us to a radiant future. If what we really want is a new world, then education must take as its aim the development of these hidden possibilities. Thus, the whole concept of education changes. It is no longer an enforced task of verbal instruction and intellectual retention of ideas. It becomes a matter of helping the child the psychological development of man, the mind in its processes of development, to aid its energies and strengthen its many powers."
The basis of Montessori philosophy is the premise that education is one of the fundamental building blocks of societal structure. Building a full and wholesome world for children not only fulfils an urgent social need, but is also a developmental imperative. The primary goal of education is to enable children to grow up to be citizens for tomorrow's world. Recognising that children should grow up in a family environment and that they should be raised in an atmosphere of happiness, love and understanding, Montessori education integrates the following ideals into its practice:
•
Every child has the inherent right to life
•
Every child, irrespective of background and ability, should enjoy a full and decent life
•
Every child should be nurtured in an environment which ensures dignity, promotes self-reliance and encourages an active participation in the family and the community
•
Every child has a right to a standard of living adequate for physical, mental, spiritual, moral and social development
Sahayog was founded in 2007 with a view to assisting in the delicate process of the formation of human personality and in tapping a child's immense and true potential. We aim to achieve this by offering a dynamic learning environment designed to meet the needs of various age groups. Walls that divide adults and children melt as the teacher and the taught are redefined. All members of the community work together as they pursue their own development in a nurturing environment. In doing so, they work towards the larger vision of Sahayog seeking social solutions as they develop into strong, responsible and well-balanced citizens.
"The child is endowed with unknown powers, which can guide us to a radiant future. If what we really want is a new world, then education must take as its aim the development of these hidden possibilities. Thus, the whole concept of education changes. It is no longer an enforced task of verbal instruction and intellectual retention of ideas. It becomes a matter of helping the child the psychological development of man, the mind in its processes of development, to aid its energies and strengthen its many powers."
Thursday, January 15, 2009
Saturday, November 29, 2008
some sayings!!!
There is method in my madness - Shakespeare
"I dont need a friend who changes when I change and who nods when I nod; my shadow
does that much better"
- Plutarch
"You aren't fully dressed, without a smile"
"Dont tell God how big your problems are, tell your problems how big your God is."
There is some truth in every joke.
"Alas, said the mouse, "the whole world is growing smaller every day. At the beginning it was so big that I was afraid, I kept running and running and I was glad when at last I saw walls far away to the right and left, but these long walls have narrowed so quickly that I am in the last chamber already, and there in the corner stands the trap that I must run into.' "You only need to change your direction," said the cat, and ate it up.
- "A Little Fable" by Kafka
"Many complain that words of the wise are always merely parables and of no use in daily life, which is the only life we have. When the sage says: "Go over," he does not mean that we should cross to some actual place, which we could do anyhow if the labor were worth it; he means some fabulous yonder, something unknown to us, something he cannot designate more precisely either, and therefore cannot help us here in the very least. All these parables really set out to say merely that the incomprehensible is incomprehensible, and we know that already. But the cares we have to struggle with every day: that is a different matter. "
"Concerning this a man once said: Why such reluctance? If you only followed the parables you yourselves would become parables and with that rid of all your daily cares."
" Another said: I bet that is also a parable. "
"The first said: You have won. '
" The second said: But unfortunately only in parable. "
"The first said: No, in reality: in parable you have lost. "
- "On Parables" - Kafka Translated by Willa and Edwin Muir.
"I dont need a friend who changes when I change and who nods when I nod; my shadow
does that much better"
- Plutarch
"You aren't fully dressed, without a smile"
"Dont tell God how big your problems are, tell your problems how big your God is."
There is some truth in every joke.
"Alas, said the mouse, "the whole world is growing smaller every day. At the beginning it was so big that I was afraid, I kept running and running and I was glad when at last I saw walls far away to the right and left, but these long walls have narrowed so quickly that I am in the last chamber already, and there in the corner stands the trap that I must run into.' "You only need to change your direction," said the cat, and ate it up.
- "A Little Fable" by Kafka
"Many complain that words of the wise are always merely parables and of no use in daily life, which is the only life we have. When the sage says: "Go over," he does not mean that we should cross to some actual place, which we could do anyhow if the labor were worth it; he means some fabulous yonder, something unknown to us, something he cannot designate more precisely either, and therefore cannot help us here in the very least. All these parables really set out to say merely that the incomprehensible is incomprehensible, and we know that already. But the cares we have to struggle with every day: that is a different matter. "
"Concerning this a man once said: Why such reluctance? If you only followed the parables you yourselves would become parables and with that rid of all your daily cares."
" Another said: I bet that is also a parable. "
"The first said: You have won. '
" The second said: But unfortunately only in parable. "
"The first said: No, in reality: in parable you have lost. "
- "On Parables" - Kafka Translated by Willa and Edwin Muir.
Saturday, November 15, 2008
Thursday, November 6, 2008
Foreign exchange reserves drop-India
India's foreign exchange reserves have dropped USD 7.87 billion during the week ended Oct 3, on account of market interventions by the central bank to stabilise the rupee and heavy selling by foreign funds.
The reserves, which include foreign currency assets, and gold, stood at $283.94 billion as on that date, as per the latest data with the Reserve Bank of India (RBI).
The fresh data comes against the backdrop of leading industry chambers asking the government to set up a $7-$8 billion fund with reserve money available as foreign exchange to invest in Indian securities and debt markets.
"This fund will ultimately make a profit as Indian asset prices are likely to increase in the longer term," the Confederation of Indian Industry (CII) said in a statement.
"This will also have the benefit of creating a floor for asset prices and prevent further depreciation in the rupee."
Since the beginning of the current fiscal, foreign exchange reserves are down as much as $25.78 billion taking into account the actual position and the account the effect of appreciation or depreciation of non-US currencies like Euro, Pound-Sterling and Yen, held in reserves.
One of the main reasons for the depletion can be attributed to the net sales in equity markets by foreign funds.
The net sales by foreign institutional investors (FIIs) amounted to $932.8 million during the current month and $10.05 billion during the year.
The net cumulative investments by foreign funds now stand at $56.28 billion, based on the reports submitted to the markets watchdog by the custodians till Friday.
The reserves, which include foreign currency assets, and gold, stood at $283.94 billion as on that date, as per the latest data with the Reserve Bank of India (RBI).
The fresh data comes against the backdrop of leading industry chambers asking the government to set up a $7-$8 billion fund with reserve money available as foreign exchange to invest in Indian securities and debt markets.
"This fund will ultimately make a profit as Indian asset prices are likely to increase in the longer term," the Confederation of Indian Industry (CII) said in a statement.
"This will also have the benefit of creating a floor for asset prices and prevent further depreciation in the rupee."
Since the beginning of the current fiscal, foreign exchange reserves are down as much as $25.78 billion taking into account the actual position and the account the effect of appreciation or depreciation of non-US currencies like Euro, Pound-Sterling and Yen, held in reserves.
One of the main reasons for the depletion can be attributed to the net sales in equity markets by foreign funds.
The net sales by foreign institutional investors (FIIs) amounted to $932.8 million during the current month and $10.05 billion during the year.
The net cumulative investments by foreign funds now stand at $56.28 billion, based on the reports submitted to the markets watchdog by the custodians till Friday.
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