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FOREX- Daily Update 2 , November 17, 2015

USD/JPY

Technical Reports

 

USD/JPY Forecast November 17, 2015, Technical Analysis
The USD/JPY pair broke higher during the course of the session on Monday, as we continue to extend the gains for the US dollar.

Fundamental Reports

 

USD/JPY Fundamental – November 18, 2015 - Forecast
Analysis and Recommendation: The USD/JPY added 20 points in the morning session as the greenback continued to rally. The yen fell to 123.38 as the pair is trading above its average.

USD/CAD

Technical Reports

 

USD/CAD Forecast November 17, 2015, Technical Analysis
The USD/CAD pair went back and forth during the course of the session on Monday, ultimately forming a little bit of a shooting star.

Fundamental Reports

 

USD/CAD Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: The USD/CAD gave up 15 points to trade at 1.3306 remaining near the top of its trading range after global commodities fell and the dollar rallied after terrorist effect.

NZD/USD

Technical Reports

 

NZD/USD Forecast November 17, 2015, Technical Analysis
The NZD/USD pair broke down below the 0.65 handle during the day on Monday, as it appears we are trying to break down. Any bounce from here should require a good attention

Fundamental Reports

 

NZD/USD Fundamental – November 18, 2015 - Forecast
Analysis and Recommendation: The NZD/USD tumbled 36 points to 0.6458 trading near its lowest level in recent memory after inflation expectations remained at 1.9%.  Investors are seeking the safety of the greenback.

GBP/USD

Technical Reports

 

GBP/USD Forecast November 17, 2015, Technical Analysis
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support at the 1.52 level to turn things back around to form a bit.

Fundamental Reports

 

GBP/USD Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: The GBP/USD dipped 37 points to 1.52 as the US dollar rallied on safe haven traders and Europe and the UK are going through massive terrorist worries.

EUR/USD

Technical Reports

 

EUR/USD Forecast November 17, 2015, Technical Analysis
The EUR/USD pair initially gapped lower at the open on Monday, mainly as a knee-jerk reaction to the Parisian terror attacks in our opinion. However, we feel that gap.

Technical Analysis EUR/USD for November 17, 2015
The EUR/USD moved lower on Monday despite an uptick in Eurozone inflation.  The number were relatively subdued and with Draghi last week warning that there are weakening signs of core.

EUR/USD Mid-Session Technical Analysis for November 16, 2015
Daily EUR/USD Technical Analysis The EUR/USD is trading lower at the mid-session. The Forex pair sold-off shortly after the opening in reaction to the events in Paris over the week-end.

Weekly Technical Outlook: EUR/USD; Market Forecasts for November 16th – November 20th 
Resistance level   1.0896, 1.1017, 1.1086 Pivot Level  1.0771 Support Level  1.0709 Technical Analysis EUR/USD is looking for consolidation pattern from 1.0709 levels and is still in progress with strong support holding these levels.

Fundamental Reports

 

EUR/USD Fundamental Analysis – November 17, 2015 – Forecast 
Analysis and Recommendations: The EUR/USD tumbled 43 points even though eurozone inflation printed a bit higher than expected. The terrorist act in Paris has captured the headlines and its effects.

EUR/JPY

Technical Reports

 

EUR/JPY Forecast November 17, 2015, Technical Analysis
The EUR/JPY pair gapped lower at the open on Monday, and then charged all the way down to the 130.50 level. However, we found enough support there to turn.

Fundamental Reports

 

EUR/JPY Fundamental – November 18, 2015 - Forecast
Analysis and Recommendations: The EUR/JPY dipped 5 points to 131.57 as the euro and the yen traded on a weak note. Japan’s economy shrank again in the third quarter.

EUR/GBP

Technical Reports

 

EUR/GBP Forecast November 17, 2015, Technical Analysis
The EUR/GBP pair gapped lower at the open on Monday, and then fill that gap, only to turn back around and form a fairly negative candle.

The Best Trading Opportunity Today - EUR/GBP - November 16, 2015
The EUR/GBP broke shortly after the opening in reaction to heightened geopolitical events due to the attacks in Paris on Friday. The selling pressure was strong enough to take out.

Fundamental Reports

 

EUR/GBP Fundamental Analysis – November 17, 2015 – Forecast 
Analysis and Recommendations: The EUR/GBP dipped 11 points as the euro got hit hard after France closed its borders after Friday night’s massive terror attacks. The pound declined a bit in sympathy.

AUD/USD

Technical Reports

 

AUD/USD Forecast November 17, 2015, Technical Analysis
The AUD/USD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall.

AUD/USD Forex Technical Analysis – November 16, 2015 Forecast
The AUD/USD finished slightly lower on Friday, but higher for the week. Last week’s price action was driven by technically oversold conditions and a stronger than expected Australian labor report.

Fundamental Reports

 

AUD/USD Fundamental – November 18, 2015 - Forecast
Analysis and Recommendation: The AUD/USD dipped another 13 points to trade at 0.7084 as the US dollar continued to rally as a safe haven although markets remain a calmer than expected.

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FOREX- Daily Update 1 , November 17, 2015

Silver

Technical Reports

 

Silver Forecast November 17, 2015, Technical Analysis
Silver markets initially tried to rally at the open on Monday, but struggled at the $14.50 level to end up falling and form a shooting star again. 

Crude Oil

Technical Reports

 

Technical Analysis Crude Oil for November 17, 2015
Crude oil prices rebounded on Monday after testing the November lows at 40 per barrel early in the North American trading session.  Prices have been under pressure and Friday’s announcement.

Gold

Technical Reports

 

Gold Prices November 17, 2015, Technical Analysis
Gold markets initially tried to rally on Monday, but struggled at the $1100 level. This was probably a knee-jerk reaction to the attacks in Paris.

Technical Analysis Gold for November 17, 2015
Gold prices whipsawed on Monday.  The initial reaction to the terrorist attached in Paris was to bid up the yellow metal.  Traders pushed prices up to the 10-day moving average.

Comex Gold Futures (GC) Technical Analysis – November 16, 2015 Forecast
Safe-haven bids helped drive December Comex Gold futures nearly 1 percent in early trading on Monday. The move was fueled by investors looking for safety following Friday’s deadly attacks.

Fundamental Reports

 

Precious Metals Fundamental Analysis – November 17, 2015 – Forecast - Gold, Silver & Platinum
Analysis and Recommendations: Gold gained a bit over $10 but gave back some of its initial gains as markets seemed to remain unstressed over the terrorist acts in France.

Brent Oil

Technical Reports

 

Crude Oil Forecast November 17, 2015, Technical Analysis
Light Sweet Crude The light sweet crude market went back and forth during the course of the day on Monday, testing the $40 level for support.

Fundamental Reports

 

Crude & Brent Oil Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: Crude Oil gained 38 cents to trade at 41.12 giving back some of its early morning gains as markets seem to be less panicked than expected.

Natural Gas

Technical Reports

 

Natural Gas Forecast November 17, 2015, Technical Analysis
The natural gas markets initially gapped higher at the open on Monday, but turned back around to fall and test which should now be support.

Technical Analysis Natural Gas for November 17, 2015
Natural gas prices whipsawed on Monday.  After initially moving higher in the wake of the Paris attacks, prices moved lower but closed up on the session.

Fundamental Reports

 

Natural Gas Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: Natural Gas  soared 67 points to 2.428 after a delayed inventory report on Friday and colder winter weather slowly arriving in the Northeast.

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Forex Trading – Descipline and confidence

There were a group of traders nicknamed “the turtles” who were taught by trading legend Richard Dennis and the only thing they had in common was – they had never traded before. After 14 days they started to trade and made millions but how do they do it?

First let’s look at the background to the experiment.

Richard Dennis believed that everything about trading could be specifically learned and his partner Richard Erkhard disagreed, so Dennis set out to prove his point.

He collected a diverse group together – of all ages, both sexes and varying levels of education. The group contained a Boy fresh from school, a female auditor, a security guard an actor and a couple of professional card players, to name a few.

Dennis then set about teaching them a simple method and the discipline to trade the method. After 14 days they were all set to trade and they started and made him over $100 million dollars and many of them still trade today.

So what was their secret?

The answer is Dennis taught them a simple method but he taught them to have confidence in what they were doing so they would have the discipline to follow their method through periods of losses to achieve long term forex trading success.

What can you learn from the turtles?

The first point is anyone can learn to trade, if they have the right forex education, as forex trading is a learned skill.

Secondly, your method does not need to be complicated – but you need to have confidence in it. Trading is as much in the mind as it is in your method.

If you keep your method simple, you are more likely to understand it and be able to execute it with discipline furthermore, a simple method will tend to work better than a complicated one in the brutal world of trading, as there are fewer elements to break.

One of the keys to the turtles success was their money management techniques. This is a neglected area for many forex traders and most do it simply as an after thought. If you want to win at forex trading, you need to operate a rigorous and well thought out money management plan.

Could you be successful?

Yes – anyone can, you may not be as successful as the group above – but you can achieve currency trading success as it’s a learned skill.

Today, many traders think they can simply buy success and there is a huge industry in selling systems with simulated track records that greedy traders buy and of course they don’t win.

You don’t buy success for a few hundred dollars and no effort!

Not only are most of the trading systems junk – but any trader must learn that success comes from within.

Having a successful method is essential – but so to is having the confidence and discipline to follow it – if you don’t have discipline to follow your method you don’t have one at all.

Dennis made sure when he taught them that they understood what they were doing so they could have confidence and discipline to follow their plan.

In forex trading mindset is just as important as knowledge.

Forex trading is not a walk in the park and you wouldn’t expect it to be, with the rewards on offer but if you have a desire to succeed and you a willingness to acquire the right knowledge and adopt the right mindset you can win.

Forex trading offers limitless opportunities for those traders willing to put in the time and effort to learn a method they can have confidence in and follow with discipline.

Sounds simple?

In essence it is – but you must accept you are in charge of your own financial destiny and you must work smart to win.

Understand the above and you can enjoy currency trading success.

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WOW!!!. Discipline in Forex Trading

Everybody has a different definition for discipline. Most people think that discipline means seriousness in doing something. This is true but discipline has a wider meaning when it comes to forex trading.

In forex trading, discipline means following your trading system rules strictly and precisely. Over 95% of forex traders lose, not because they do not have a good trading system or they have not learned the techniques. They lose because they fail to follow their trading system rules. They lose because they have no discipline. When you ask them about the techniques, indicators and systems they use, they explain very well, but when you ask them about their trading performance and whether they are profitable or not, you will see that they are not profitable yet.

An undisciplined forex trader may be luck enough to make money trading currencies in theshort term. Still, the odds indicate that they areasking fortrouble to appear in the form of undesirable losses if they persist in losing theirtrading discipline on a regular basis. Losingdiscipline when it comes to taking profits maynot be too traumatic for a trading account, aslong as a trading position is closed out beforeany losses start to accrue. Of course, the main

risk undisciplined traders take is when it comesto closing out losing positions, which reallyneeds to be done as soon as the losing trade isrecognized as unlikely to succeed. Without thediscipline required to cut such losses promptly, a

trader can soon go broke, so it makes good sense to maintain discipline whenever trading in your Forex account.

Read More

BALMAIN x H &M Fashion Show

Watch Balmain x H & M Fashion Runway Show
( full length HD ) by Balmain Creative Director
Olivier Rousteing featuring supermodels
Kendall Jenner , Gigi Hadid, Karlie
Kloss, Jourdan Dunn, Alessandra Ambrosio .
Check out the opening music track “ Walk
for Me ” by VAZ, the official song for the
Balmain x H & M Campaign # HMBalmaination .

On Tuesday night , on Wall Street in New York,

the Balmain x H &M Collection made its

global runway debut in front of acelebrity -packed audience which included Gigi

Hadid ,

Kylie Jenner, Kendall Jenner , Ne- Yo, Diane

Kruger , Coco Rocha, Jourdan Dunn , Zachary

Quinto and F 1 Champion driver Lewis

Hamilton were among the guests on hand to

get an exclusive look at the glamorous,

powerful and richly detailed collection

designed by Olivier Rousteing . The Balmain

collection will be available in H& M US stores

and worldwide, as well as online, starting on

November 5, 2015 .

The night was as bold and powerful as

Rousteing ’ s designs , bringing together

fashion and music to celebrate the collection

in a venue themed like a futuristic subway

system. After an exclusive preview of the

campaign music video, starring Kendall

Jenner, dance crews hyped up the crowd for

a runway show featuring top models.

After the fashion show , the Backstreet Boys’

took to the stage for a surprise live

performance keeping the energy going late

into the night with an audience packed with

celebrities and fashion industry press

celebrating the momentum for

# HMBalmaination .

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Orange Culture

The Orange Culture man has now found
his female counterpart with the latest
seasonal offering. Designer, Adebayo
Oke-Lawal, debuted womenswear this
season although the line was as gender
neutral as one could wish for.
   

Focusing

on a deep, gemstone palette of ruby,

emerald, sapphire, amethyst along with

neutral hued looks the nomadic display

dived in and out of familiar silhouette

construction resulting in a line that felt

interestingly new and refreshingly

modern.

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From Lagos fashion and design week

Lanre Da Silva Ajayi
   
      Titled Geometric Fusion, the latest
collection from Lanre Da Silva Ajayi
was a major achievement in the golden
ratio.
    

The event closer of Lagos

Fashion & Design Week, used tie-dyed

prints from Nike Art Gallery and digital

images to create her seasonal print

imagined in shiny metallic, prismatic

shards, and bold color. The result was

a collection that moved far from

timidness and was a further evolution

of the fearless LDSA woman.

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LAGOS FASHION AND DESIGN WEEK

Buzzing, bubbling, busy Lagos stands as
the axis of Western Africa’s newly
developing fashion scene. As Lagos
Fashion and Design Week closed last
week after its fifth undertaking, there
seemed to be a proclaimed positivity
about the future support of the designers
that chose to show in the city. That
positive zeal was contagious despite any
hiccups that might have happened and
provided a great energy for the talented
range of designers declared to the world.

Nigeria stands as Africa’s largest

economy with over $500 billion (and

rising) GDP brought mostly through the

oil, telecommunications and banking

sectors so it’s no wonder that the mega-

city has piqued the interest of investors

across the board. What stands true with

their economic boom and burgeoning

fashion authority is this – you can no

longer ignore what is happening there.

Models.com traveled to LFDW to discover

the talent for ourselves and noted the

stand-out collections that should

definitely be on your radar.

Read More

Power to investigate the government mustn’t be erased: Susan Shelley

IRS Commissioner John Koskinen, shown before
he testified to a Senate committee on another
matter in April, is the target of impeachment
proceedings.
    

Here are two important questions which

are often obscured by the noise and

spatter from the blood sport of electoral

politics.

Does honest government matter?

Can anything be done to prevent

dishonest government or clean it up?

The answer to the first question is yes, it

matters. Voters make choices based on

the information they have. A

government that makes dishonest

statements cannot claim to have the

consent of the governed. Instead, it’s

governing by force and fraud.

The answer to the second question is yes,

unless the government is dishonest.

The tools for preventing and cleaning up

dishonest government include laws like

the Inspector General Act of 1978, which

created internal watchdog offices in

government agencies, Justice Department

prosecutions, and congressional

oversight.

It’s easy to dismiss congressional

investigations as politically motivated,

but the Constitution gives Congress

broad authority to conduct oversight, per

the language of Article II, Section 4: “The

President, Vice President and all civil

Officers of the United States, shall be

removed from Office on Impeachment

for, and Conviction of, Treason, Bribery,

or other high Crimes and

Misdemeanors.” The House of

Representatives “shall have the sole

Power of Impeachment,” and “the Senate

shall have the sole Power to try all

Impeachments.”

A necessary part of the power to

impeach is the power to investigate.

The House has just initiated

impeachment proceedings against IRS

Commissioner John Koskinen. He’s

accused of failing to respond to a lawful

subpoena for documents, obstructing a

congressional investigation, giving false

and misleading statements under oath,

and failing to competently oversee an

investigation into “Internal Revenue

Service targeting of Americans based on

their political affiliation.”

Because the definition of “high crimes

and misdemeanors” is left to our elected

representatives, impeachment is

completely different from criminal

charges, which the Justice Department

declined to bring against anyone in the

case of the alleged IRS targeting of

conservative groups seeking tax-exempt

status.

“Our investigation uncovered substantial

evidence of mismanagement, poor

judgment and institutional inertia,’’

Assistant Attorney General Peter Kadzik

said in a letter to Congress. “But poor

management is not a crime. We found

no evidence that that any IRS official

acted based on political, discriminatory,

corrupt or other inappropriate motives

that would support a criminal

prosecution.’’

They may have found no evidence

because 422 back-up tapes containing

the e-mail correspondence of IRS official

Lois Lerner were degaussed

(magnetically erased) by IRS employees.

The Treasury Department’s inspector

general said the destruction of the tapes

happened “on or around March 4, 2014,

one month after the IRS realized they

were missing e-mails from Lois Lerner,

and approximately eight months after

the House Committee on Oversight and

Government Reform requested ‘all

documents and communications sent by,

received by or copied to Lois Lerner,'

Was it a misunderstanding or a

successful cover-up?

Consider this: Last year, 47 inspectors

general signed a letter protesting that

three agencies, including the Justice

Department, were obstructing

investigations of alleged wrongdoing.

Then in July, the Justice Department

issued a new policy that blocks IGs from

gaining access to certain kinds of

evidence, including grand jury and

wiretap information, unless they first

obtain the permission of the head of the

agency they’re investigating.

Nixon was run out of town for less.

If an administration won’t investigate

itself, there’s no tool in the toolbox

except congressional oversight and, if

necessary, impeachment.

The only other check on dishonest

government is the ballot box. But first,

voters would have to believe that honest

government matters.

Read More

How Much Does It Cost To Build An App?

One of (if not) the most prohibitive hurdle to
developing your own app is cost. First off, you
have to make a concrete calculation weighing
anticipated business gains against the cost
outlay for development and support. According
to many market research studies, including
leading firms like Forrester, development costs
are can represent only the tip of the iceberg.
Once you take the time to spec out and build
your dream app, you’ll find little things that
you could have done better; or U/I updates
that would make it more intuitive; or Google
released a new update to Android; or Apple
changed the resolution on the newest
generation of iPads. Whatever the case may
be, more than 80% of IT personnel polled in
2012 by AnyPresence found that their firms
were updating their apps at least twice per
year. A third of the respondents were pushing
new updates every month. Forrester estimates
that only 35% of any app’s lifetime cost is
covered in initial development. This is a major
stumbling block for many companies, and
rightly so.
       

Apps are not an experiment that you can play

around with and just see how the market

responds. The future of enterprises is mobility

and only companies that fully embrace and

integrate mobile strategies effectively will

thrive in this landscape in the months and

years to come. So, swinging and missing on

app development is unacceptable in the

modern business atmosphere.

In addition to development representing but a

portion of an app’s full cost, most companies

looking to work with a mobile solutions partner

(or even app developer if you want more of a

vendor/client relationship) don’t know what

type of cost ranges within which any given

app could fall. There are a huge number of

factors to consider, and every app is different

in some way or another. As such, there are no

perfect predictions to be had. However, we

can provide you with some general cost

brackets broken down by complexity and,

therefore, required development effort.

At their most basic levels, apps come down to

hours. Whatever feature you want, whatever

U/I style you desire, whatever working

relationship you want with your developer or

parter will all affect the number of hours that

a firm needs to complete the project. Some

companies might quote their rates based on

features you request, others might take your

specifications and simply give you a flat cost

amount, while others will just estimate the

total number of hours required to complete

the project, break that down by employee

type, and give you a granular estimate that

way. Regardless of the method employed,

each company is making an internal

calculation about how many hours they

anticipate the project will require (based

mostly on the feature requests and the

complexity of any external hardware/software/

API integration) and which resources that

company will have to utilize to accomplish you

goals. So, we can break down the cost

buckets similarly.

Every feature your app incorporates equals a

certain number of design, programming,

project management, QA, and revision hours.

The more features you request, the more

hours required to deliver all of them, and the

more the app will cost. The more complex the

feature, the more hours required, and the

more the app will cost. As such, the ideal

working relationship with any vendor or partner

is with someone willing and able to itemize

each feature by the hours required to develop

those features, cross referenced with the

respective cost per resource hour. That way,

you can obtain a granular overview of where

the largest cost factors are. If your partner

can do this for you, you can make informed

decisions about which features are the most

important or which features you might think

about scrapping to save costs.

Most market research I’ve seen categorizes

mobile app costs into three buckets:

Lower-level complexity, smaller feature list,

generally one mobility platform: <$50,000

Medium-level complexity, medium-sized

feature list, 1-2 mobility platform(s):

$50,000 – $150,000

High-level complexity, large feature list, 3+

mobility platforms: $150,000+

The cutoff between the medium and high

complexity buckets can vary some depending

on the study at which you look, but it’s

generally $100K+ or $150K+. Being more

realistic for an enterprise context, high-

complexity mobile solutions will generally run

$150,000+. But, this categorization might not

clear much up if you don’t know where your

app falls in the spectrum to begin with.

For example, if you want to build an app that

simply interfaces with your backend database,

parses and analyzes that data, and then

displays the information you want via a native

tablet app on only one platform, that’s a

relatively simple app (assuming your back end

is well designed and any legacy hardware or

software isn’t too hard to integrate into).

If you want to build a field sales application

that supports offline data collection and

caching, third-party hardware integration for a

credit card reader, API support for payment

and credit card security protocols, backend

database integration, and social sharing?

That’s going to fall into the second bucket

and run you anywhere from $50,001 to

$149,999 based on how many total features

you deem necessary.

If you decide to completely overhaul your CRM

and you want to build a new solution from the

ground up, including microphone and camera

integration into the application, learning

algorithms, backend integration, custom

performance metric reporting, shareable and

group editable files, individual device

management, individual app management,

individual logins, varying security protocol

levels based on employee department, division,

title and seniority, custom VPN requirements

by device or by app, you’re looking at a very

complex application. Many of these things are

absolutely necessary for your ultimate app,

but you have to know that every feature you

add, and as each of those features requires

more and more expertise to deliver on, the

higher into zone three you’ll climb. That’s not

a bad thing by any stretch, because you’re

building a more comprehensive, safer and

more useful solution. But as your solutions

become better, it simply requires more to build

them.

So long as you can find a mobile solutions

partner with the discipline and forethought to

forecast each feature by hour and resource on

the front end, you’ll be able to choose the

features you can’t live without and which

features can wait for v2.

A word to the wise, though — even if you find

such a firm and make the best choices for

your business, always beware that support,

updates and continual improvements often

require far more capital than building the v1 of

the app in the first place. Know that choosing

to build a mobile app is a long-term

investment to solidify your place within your

target consumers’ digital lives and stick to

that mindset. It’s not about the extra few

dollars you spend now, but rather how can you

build an integrated solution that will stand the

test of time and generate business returns for

years and years to come.

Read More

The Future Of Work: 10 Skills You Will Need To Be Successful

Jen Cohen Crompton
With all the predictions about the future of
work, we are constantly painting a picture of
how the future workplace will look. But, what
most of us should focus on is what the
workforce will need to look like – meaning,
what skills employees need to have to ensure
continued success into the next decade?
The Top 10 Online Colleges website has the
answer. They’ve done the research and
compiled a list of skills that all employees will
need by 2020 (which is only six years away!)
and the drivers of the new skill set.
First, we must understand what is driving
change and molding the future of work.
The six key drivers of change include:
1. Extreme longevity: People are living
longer.
2. The rise of smart machines and systems:
Tech will augment and extend our own
capabilities.
3. Computational world: There will be an
increase in sensors and processing that
will make the world a programmable
system.
4. New media ecology: There will be new
communication tools that will require
media literacies beyond text.
5. Superstructured organizations: Social
technologies will drive new forms of
production and value creation.
6. Globally connected world: Diversity and
adaptability will be at the center of
operations.
Because of these global changes and
technology being the catalyst for many of
these forces, the future work skills we will all
need in 2020 are a combination of changing
how we act and think, and how we use
technology as an extension of our daily lives –
even more than we do today.
So what are the skills you should be working
on today to ensure you’ll have a job tomorrow?
They include:
1. Sense making
2. Social intelligence
3. Novel and adaptive thinking
4. Cross-cultural competency
5. Computational thinking
6. New media literacy
7. Transdisciplinary
8. Design mindset
9. Cognitive load management
10. Virtual collaboration

Read more about how each drive relates to

the skill and what that skill really means in the

below infographic.

Read More

87% of managers need to be able to analyze data quicker in…

Fueling Finance’s Need
For Speed With
Technology,........

CFO Research found that 87% of senior
finance executive responders said managers
need to analyze financial and performance
data much more quickly in order to meet their
companies’ targets for profitable growth. But,
despite this “need for speed,” only 12% of
survey respondents indicate that their finance
function can respond to requests from
business managers in “real time.” More than
half say it typically takes finance staff up to
one day to respond to business units’ requests
for information and analysis, and more than a
quarter say that it takes longer than a day.
         Technology is the logical and proven path to
reducing response times but needs to keep
the end use firmly in mind. Eight in ten survey
respondents believe that their ability to meet
growth targets would improve if their
information systems were easier to use—
despite two-thirds of respondents saying that
their systems had already become largely
“self-service.”
Many businesses have developed their
information systems to the point where
management has access to more information
faster. Now, reaching the next level of
performance requires even closer collaboration
with skilled finance analysts to work out what
to do with all that data. As the CFO of a
Mexican electronics firm put it in his survey
response, “Technology is a good ally…if you
know how to use it.”

Read More

Cristiano Ronaldo reacts to his haters: 'I need the enemy…

The most iconic Real Madrid player of the last
decade has been, without a doubt, Portuguese
forward Cristiano Ronaldo. Yet he, like any in his
profession, is often at the receiving end of less-
than-kind sentiments.
Whether he's being compared unfavourably to his
rival at Barcelona, Lionel Messi , or attacked by
those tinged with envy for a man who seems to
have it all and then some, Ronaldo is one of the
most divisive figures in sports.
But, Ronaldo explains, that hate isn't an obstacle
in his professional career.
"I don't mind people hating me, because it
pushes me. When I go to play away, they are
always against me, but it’s good," Ronaldo told
The Times, as quoted by FourFourTwo. "You
have to see the good things from the haters. I
need the enemy. It is part of the business. They
start screaming when I touch the ball. It had
started already when I was 18 or 19. It is not a
problem for me. It is a motivation."
In particular, it is in comparing Ronaldo against
Messi that many see a line divided; Messi strikes
a modest figure, a player who was blessed with
talent and isn't big-headed for it. Ronaldo,
conversely, commands the attention of a player
who has an ego to match his skill.
It's a perception Ronaldo acknowledges, but not
one he sees as an accurate measure.
"I am not the humblest person in the world, I
admit that. I am not fake," Ronaldo explained.
"But in one way I am very humble. I like to learn,
I want to learn from other sports, the best
athletes. What are they doing? You can improve
on this, on that. I think it is interesting. A person
who is like that, they are humble – because they
like to learn."

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Russia sends anti-aircraft missiles to Syria to protect jets during airstrikes

MOSCOW – Russia has sent anti-aircraft
missiles to Syria in order to safeguard its jets
involved in airstrikes against militants in the
war-battered Arab country, the commander of
the Russian Air Force was quoted as saying
Thursday.
Russia has been carrying out airstrikes on
Islamic State fighters in Syria since the end of
September at the request of President Bashar
Assad, Russia's long-term ally.

Russian officials have insisted that their military
involvement in Syria will be limited to an air
force operation.
Col. Gen. Viktor Bondarev said in an interview
with the daily Komsomolskaya Pravda that the
anti-aircraft missiles are there to project
Russian fighter jets from a possible attack or
hijack while on mission.
"There can be different emergencies, such as
hijacking the jet on the territory of a
neighboring country or an attack on it," he said.
"We should be prepared for that."
Bondarev did not specify the type of missiles
Russia provided.
Russia and Western nations have been engaged
in intense diplomatic talks in the past few
weeks, aiming to bring about a political
settlement in Syria, which has been torn by a
civil war since 2011 that has killed 250,000
people and forced millions to flee.
A Russian deputy foreign minister said earlier
this week that Moscow is aiming to host a
round of talks between Syrian officials and
opposition leaders next week. He said the
Syrian government has agreed to participate
but it's unclear which opposition groups might
come.

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Governor Fayose Of Ekiti Apologises To Teachers

In a rare show of respect for the teachers and understanding of their plights, Governor Ayodele Fayose has apologised to primary school teachers in Ekiti state over the mix-up in the payment of their September salary.

According to a statement by the chief press secretary to the Governor, Idowu Adelusi, the governor said: “Even though the mix-up was from the state accountant general’s office but as the State governor, he takes responsibility

Fayose“I want to

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