Wednesday, 24 August 2011

LIBOR - London Interbank Offered Rate

LIBOR means London Interbank Offered Rate and is the rate on based on witch banks are lending money.

Bear market

Bear market its used when people/investors are not confident about the future of the market, they bealive its will go down rather then up.

Tuesday, 23 August 2011

What is IMF?

A lot of people see this term when they read financial news but what does it mean?

IMF = International Monetary Fund