This will be the major events in business and economics planned this week, although some of the dates are not yet finalized.
June 9, 2007
In Pretoria South Africa: Paul Wolfowitz is now being replaced by Robert Zoellick as the head of World Bank; he will be meeting the leaders of the South and Southern part of Africa.
June 11, 2007
There will be an auction of treasury bill scheduled at 2 pm.
June 12, 2007
The evaluation of the federal budgets will be scheduled on May at 2 pm in Washington, USA.
Reports of the second-quarter financial results by the Lehman Brothers, in New York City.
June 13, 2007
Washington USA, there will be a report about the retail sales by the commerce section for May, at 8:30 in the morning. There will be a report about inventory of business for April, at 10 a.m. The survey of the status on the regions economy will be released by the Federal Reserves, scheduled at 2 pm.
June 14, 2007
WASHINGTON -- Labor Department reports on producer price index for May, 8:30 a.m.; Labor Department reports on weekly jobless claims, 8:30 a.m.; Freddie Mac reports on mortgage rates.
The Department of Labor will be reporting on the producer’s price index, for the month of May, at 8:30 am, they will also reporting the weekly jobless calls at 8:30 am, the security interest rates report by Freddie Mac, at Washington, USA.
This will be the financial result of the second quarter, to be reported by the Adobe Systems Incorporated in San Jose California.
The report of the second quarter financial results, by Bear Steams, New York City.
The report of the financial result, the first quarter by Freddie Mac in MCLEAN, Va.
The report of the second quarter financial results by Goldman Sachs Group Inc, in New York City.
June 15, 2007
The Department of Labor will be reporting on the consumers price index, for the month of May, at 8:30 am, the Commerce Section will be reporting about the current account of the first quarter, at 8:30 am, the report on work production, by the Federal Reserves at the month of May, at 9:15 am. Washington, USA.
The report of the 3rd quarter financial results to be reported by Winnebago Industries Inc. at Iowa, the Forest City.
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Interview with Matthew Sheppard Senior Forex
Advisor at XForex
1. What is your name and position?
Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.
2. What is your experience and professional background?
In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.
3. What type of clients you deal with?
We deal with clients on all levels from the beginning stages to the more advanced trading levels.
4. Does most of your business activity come from the online or offline world?
Because of our high presence on the web, most of our business comes from the online world.
5. Why should a trader pick XForex from all forex brokers?
Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..
Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.
6. From your experience, what advice would you give a person who wants to enter the forex world?
My advice to the beginning trader entering the Forex world is as follows:
• Learn the market and understand what you’re getting into.
• Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
• Invest smartly and calculate your risks
• Always know when to get out of a trade
