For example, if XAG/USD is trading at 18.70, it means that you need 18.70 US Dollars to buy one troy ounce of Silver. So, when the price is going up, Silver is said to be appreciating or getting stronger and vice versa when the price is going down. For xG excluding PK, we recommend using […]
First in, first out method FIFO definition
FIFO works best when COGS increases slightly and gradually over time. If suppliers or manufacturers suddenly raise the price of raw materials or goods, a business may find significant discrepancies between their recorded vs. actual costs and profits. Under FIFO, the brand assumes the 100 mugs sold come from the original batch. The term “FIFO” […]
Market fragmentation Financial Stability Board
Not only does the metal have to be acquired but larger items, such as electronic systems, must also be assembled. Companies often source these materials in addition to labor in countries where they are cheaper. Developing nations benefit because of the increase in demand for labor and materials. Local populations gain employment and may be […]
1 British pounds sterling to US dollars Exchange Rate Convert GBP USD
The GBP/USD (British pound/U.S. dollar) is an abbreviation for the British pound and U.S. dollar currency pair, or cross. The currency pair shows how many U.S. dollars (the quote currency) are needed to purchase one British pound (the base currency). The GBP/USD had another sharp decline in June 2016, when Britain voted to leave the European […]
ISM Manufacturing Index Overview, How it Works
The PMI index is reported as a number—above 50 represents growth or expansion while below 50 represents a contraction. The report also shows the industries that experienced growth in business activity compared to the prior month while showing which industries contracted. The ISM Manufacturing Index, commonly known as the ISM Manufacturing Purchasing Managers Index (ISM […]
MACD Indicator What it’s saying about stocks now
Classed as a momentum indicator, the MACD is based on the relationship between two moving price averages (MA) of the same asset’s price. Conceived by investment manager Gerald Appel in 1979, the MACD has risen to become one of the most popular technical trading indicators in use today. A divergence occurs when MACD projects highs […]
SBI Cheque Book Delivery Status Enquiry
Click here to download or you may also get at branch counter. Step 2 – Enter your “Username”, “Password” and Login to https://1investing.in/ your SBI online account. Here in this post, we have summed up the 6 ways to make a request for Cheque book in SBI. It may not be accepted for a third […]
ADP Research Institute and Stanford Digital Economy Lab Unveil New Methodology for ADP National Employment Report Aug 23, 2022
If job growth continues to remain strong, investors can expect the Fed to continue to raise interest rates aggressively. The main difference between the ADP Employment Report and the official BLS report is that ADP only covers non-farm, private employees. In addition, while the ADP only releases one set of numbers, the BLS report is […]
