Synoptic Module on Economic Policy Essay Example | Topics and Well Written Essays - 1500 words

Synoptic Module on Economic Policy - Essay Example The role of FX Trading Analyst is to watch over the market trend of each foreign currency since the market is very unstable. Prior to making any trading decisions, the analyst needs to study the economic foundation of the past, present, and future status of each currency that is tradable. Since the marketplaces are interconnected, a number of different rates (prices) have to be considered depending on what the bank or the market maker is currently trading. Given that there is too little or no available inside information with regards to the foreign exchange markets, the FX Trading analyst needs to determine the actual causes of the monetary flows in the country of the currency being traded. To determine all these information, it is necessary for the analyst to regularly watch the News or read the newspapers. However, large banks have a more competitive edge over the private or individual speculators because banks are able to see their customers’ flow of order. The analyst is free to choose between the use of fundamental analysis or the technical analysis. Both tools are used to detect the increase or decrease of the currency value being traded. Fundamental tools include analyzing the overall macroeconomic environment of the countries with major currency based on the news and currency updates on the GDP, interest rates, investments, international trading, calamities, terrorist attacks, etc. In most cases, a serious terrorist attack is enough to make a sudden change in the trading of currencies.

Collapse Essay Example | Topics and Well Written Essays - 1000 words

Collapse - Essay Example The paper will conclude with a critical evaluation f Diamond’s book and summarization of the main points discussed in the whole paper. The author has succeeded in bringing out his message in the book. He has discussed the reasons as to why many societies collapsed especially in the 13th and 14th centuries. Some of the reasons as t why the societies collapsed include outbreak of deadly disease (Bubonic Plague), changes in climatic seasons, and war. Due to the above factors, many people in the societies lost their lives and this led to the reduction of people in the society. There is also the discussion of how the societies were able to recover from the loss. For one, there was strengthening of the army which enabled strong defense against the members of the society. There was cultural survival whereby the culture of the Mongols was dropped and the societies embraced the Chinese cultural traditions. There was multiplication of population due to increase of birth rates. This made the society to replace the people who were lost during the war. According to Diamond, societies collapsed mainly in the fourteenth century due to the outbreak bubonic plague. Since the societies were crowded, the disease widely spread and caused lot of deaths to the people. The outbreak continued up to seventh century whereby by then it had claimed a lot of lives. The disease had spread and had covered most parts of Asia, Europe some parts of north Africa (Diamond 2011 , p. 350). In 1340s, merchants from Mongols and other travelers assisted in the spread of the plague along all the trade routes that were used by the Chinese people. By the year 1348, the disease had spread throughout the Mediterranean basin and most parts of Western Europe. The other reason for the collapse according to Diamond was the changes in climatic seasons whereby in 1300 B.C there was a continued cool season for five years. This made famine to ravage the