The Vegvisir

  Hi all,  As I start my Microsoft Office Tutorial Project, I will begin by sharing some PowerPoint skills I have been developing.  The first video focuses on how to make or create a Introduction PowerPoint Slide but this can also be used as a Three Step Presentation PowerPoint Slide. Please do take a look and share some feedback. I will also use the tutorials to demonstrate some Slide ideas. Once a few different videos have been uploaded I will then move onto Excel Tutorials.  But please do take a look at this video via the link:  Introduction Slide Or just watch below! Cheers all - much  love, Demitrius

 Hi all, Been a while since i posted here. Just to provide a quick update my most recent project is focusing on building up an array of PowerPoint slides that look both professional and attractive. An example below: If you think this would interest you please make sure to visit my YouTube Channel: https://www.youtube.com/playlist?list=PLDZdVhdUUHKsyptC3O43ZXFQ4Hmis80_B Cheers, Demitrius

  The Tale of Leonardo Pisano Fibonacci and his Introduction of Roman Numerals Did you know that it was through the works of Leonardo Pisano Fibonacci that the Roman Numeral System replaced the then commonly used Roman Numeral System? He was responsible for the square root notation and the bar that is used by fractions today. But who was Fibonacci? Fibonacci was an Italian mathematician, number theorist and author. In fact he was arguably ‘the most talented Western mathematician of the middle ages’. Born in Pisa, educated in North Africa and having studied mathematics in Bugia (Algeria) Fibonacci travelled around the Mediterranean coast, meeting with many merchants and learning about their systems of doing arithmetic. Through his education and conversation, he realised the superiority of the Hindu-Arabic system which included the utilisation of zeros and a place-value system (decimals) which the Roman numerals lacked. In fact, doing arithmetic through Roman numerals typicall...

The purpose of this post is to briefly surmise LIBOR and its history, explain why a transition to SONIA is taking place and briefly introduce SONIA.  What is LIBOR? The London Interbank Offered Rate is a benchmark interest rate at which major global banks lend to each other in the international inter-bank market for short-term loans. It indicates the borrowing costs between banks and is calculated and published by the Intercontinental Exchange (AKA ICE)  It is based on the following currencies: USD, GBP, EUR, JPY and CHf It is available on different maturities: overnight / spot / next / one week / one month / two months / three months / six months / twelve months The combination of those five currencies and seven different maturities leads to a product of 35 different LIBOR rates being calculated and reported each business day. The typical quoted rate is the 3m U.S. dollar rate - commonly known as the current LIBOR rate How is LIBOR calculated?  LIBOR is calculated by the...

A summary of negative interest rates Typically employed as a last resort when faced with deflationary pressure or a very weak growth of the economy A monetary policy tool designed to penalize savings and holding of cash and incentive banks to loan out cash  Commercial or retail banks would be charged for holding their cash with the central bank  Some economists argue that negative interest rates are a unsustainable tool and can cause detriment to the economy if used over the long term Can sometimes be effective in preventing deflation within an economy and get back to more healthy economic environment such as the case with Sweden  Introducing negative interest rates With interest rates at an all time low this places a lot of pressure on retail and commercial banks to make money through the net interest margin - but with the global economy as it is with many economies reporting significant contractions in GDP terms could economies go further down the line to utilization of...

Hedging is a means of mitigating risk that arises out of potential losses in investments by taking an opposite position in a related asset. This does not come without a come and can reduce potential profits. Hedging strategies typically employ the use of derivatives which can include options and futures contracts. The easiest way to understand hedging is by taking into example a personal asset that has high value, such as a house. To 'hedge' the risk of an unforeseen event incurring a high cost on this asset you may take out insurance; a position in a related asset. By investing in insurance you protect your own personal investment. In financial terms this is more complex and can involve the use of put options, call options and futures contracts. We will consider each of these in turn. Put options A put option is a derivative that enables its owners the right (but crucially not the obligation) to sell a specified amount of an underlying security at a specified pri...

Foreign exchange risk is the risk of losses emerging in international financial transactions due to the fluctuation of currencies. It describes the possibility that an investment's value may decrease due to changes in foreign currencies. There are three types of foreign exchange risk; let us consider each in turn: 1.) Translation risk: This is the risk when foreign operations / investments need to be translated back the base currency. this can be considered through MNCP's who have foreign operations must have their revenues translated back to the parent company's base currency. This can also effected investors; let us consider an example. For example, if an investor in the UK has a lot of cash invested in different US equities and the dividends are returned in USD. It was assumed that the difference between the USD and GBP was 1:1. If the dollar appreciates against the pound that so that it is 0.9:1 the investor will experience a 10% lower return on investment d...