Archive pour le mois : 07/2020 (Page 2)

When you qualify together, it’s the lowest median credit score of all co-borrowers on the loan that counts for most loans including those backed by Freddie Mac, the FHA and VA. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

We’ll walk you through this loan term to show you how co-borrowing works, how it differs from co-signing and other considerations to help you make the right decision. In the United States, on August 16, 2022, the Education Department announced that it would cancel federal student loans worth$4 billionfor those who attended ITT Technical Institute. Thus, the department will discharge student loans that borrowers received to participate in ITT from January 1, 2005, till the institution’s closure in 2016. Furthermore, the debtors can borrow money from the lenders for any purpose like marriage, treatment, education, and business. Better Real Estate employs real estate agents (“Better Real Estate Agents”) and also maintains a nationwide network of partner brokerages and real estate agents (“Better Real Estate Partner Agents”). Chase’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you’re about to visit.

A parent with good credit might agree to co-sign with the understanding that their child will pay it back. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site.

By co borrower meaninging with a co-borrower, the son may qualify for the loan under his father’s higher credit score while also receiving a low-interest rate that allows him to pay off other high-interest debt. A co borrower is a person without which the co debtor, the primary loan applicant, may not get any loan. As a result, the co borrower is equally liable to pay the loan if the primary debtor fails to do so. For instance, the father can become the co borrower for his ward’s education loan. Many big business or industrial projects like mining need huge fundings, which is only possible through borrowing from lending institutions. Even expensive medical treatments, education, and homes result from debtors’ lending from banks.

Co-signers usually come into the picture in a home loan if the primary borrower does not meet the eligibility criteria for a home loan because of a low credit rating. A high credit rating not only increases eligibility for a home loan, it also attracts lower interest rates as well as other favorable terms and conditions. Since the co-signer is being taken on board because of the lower credit rating of the primary borrower, it is essential that the co-signer is an individual with a high credit rating. Investors doubt the borrower’s creditworthiness when the latter has a lower credit rating.

All about Reverse Mortgage Loans

The lenders, also known as creditors, can be an individual entity, a firm or a business, a government, or an organization. Moreover, the lender can demand funds from the debtor as per the nature of the loan granted. See our current mortgage rates, low down payment options, and jumbo mortgage loans. Co-signing is typically preferable if only one of the borrowers will benefit from the loan.

She is currently working on her AFC® financial coaching certification to help artists, freelancers, and small businesses. Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. If the lender refuses, the only way to get the departing partner off the note is for the remaining partner to refinance in his or her own name. But if this was not part of the original agreement, it is unlikely that the remaining partner will agree later—unless refinancing becomes financially advantageous at the time.

The largest problem, however, is the departing partner’s continuing responsibility for the mortgage. Many departing partners believe that they are off the hook because the partner remaining in the house has agreed to assume full responsibility for the mortgage. They overlook the fact that the lender was not a partner to their agreement. A guarantor is a person who guarantees to pay a borrower’s debt if they default on a loan obligation. Going into your co-borrowing situation, you should make sure that you feel confident that both of you can afford your share of the payment. You also need to be aware that if one person on the loan experiences a loss of income, the other person is on the hook.

A co-borrower is oftentimes added to a loan if the primary borrower does not qualify due to insufficient income or poor credit history. This may be the case for new homeowners who haven’t established enough credit history. In some instances, new homeowners qualify for the loan itself, but don’t qualify for a reasonable interest rate.

What you’ll need for a mortgage application

A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace.

Collateralization is the use of a valuable asset to secure a loan against default. Having a co-applicant can make an application more attractive since it involves additional sources of income, credit, or assets. Based on the information you have provided, you are eligible to continue your home loan process online with Rocket Mortgage. To cosign is to sign jointly with a borrower on a loan to help a borrower obtain a loan or receive better terms on the loan. Full BioSuzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies for financial brands.

Chase Home Lending

Cosigners have similar benefits to co-borrowers where they can help lower interest rates or qualify in general. The biggest difference has to do with ownership and monthly payments. For many people, co-borrowing is about combining financial qualifications and owning a home together.

The NBFC will be the single point of interface for the customers. It will enter into a loan agreement with the borrower, which will contain the features of the arrangement and the roles and responsibilities of NBFCs and banks. Banks and non-banking financial companies have been increasingly looking at co-lending opportunities. In March, PNB Housing Finance joined hands with Yes Bank, and Karur Vysya Bank partnered with Cholamandalam Investment and Finance Company for co-lending.

As such, there are both advantages and disadvantages to having a co-borrower mortgage. In addition to both parties being responsible for making payments toward the loan, assets that guarantee the loan — like a home or car — may be owned by both co-borrowers. And if the loan was used to secure property — like a vehicle — both co-borrowers will be listed on the vehicle’s title. She has previously worked for Bankrate editing content about personal and home equity loans and auto, home and life insurance.

While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. By having co-borrowers join your loan application, their income, assets, and credit score can help you qualify for a loan and get lower interest rates. Also consider someone who needs to take out a personal loan to cover emergency auto repairs or another expense. Because he has a low qualifying credit score, he asks his sister to sign as a co-applicant to improve his chances of approval and, hopefully, obtain a lower rate. However, The sister won’t benefit from the loan so it doesn’t make sense to take responsibility for the payments. In this case, it makes more sense for the sister to serve as a co-signer.

Borrower Explained

In addition to having a down payment and income to cover the monthly payment, one of the biggest issues for clients is to make sure they qualify based on their credit score. Generally, they also share title in the home or other asset that the loan is for. However, this doesn’t have to be the case and the loan and the title are separate. But if you’re not on the title, you’re assuming the obligation that comes with a mortgage without getting the use of the house.

This usually means both borrowers are on the title of the loan and own the property. Since the co-borrower has ownership interest in the property, you may consider making your spouse the co-borrower on the loan. It’s very common for first-time home buyers without a huge credit history to go with a co-borrower to help secure a mortgage.

A mortgage co borrower is a person or an entity who shares the liabilities with the prime debtor. In some cases where the debtor has a poor credit rating, a co borrower gets used to granting a loan to the debtor. And in many cases, people also prefer borrowing 401k from their retirement funds due to the lower interest rate. However, in the long run, it has negative effects on the retirement corpus, contribution to the 401k fund gets stopped, and the payable taxes gets doubled. It compares your gross monthly income to your monthly debt payments including minimum credit card payments, auto loans, personal loans, student loans and your mortgage.

Though co-borrowers and co-signers are related, they aren’t interchangeable. A co-borrower has equal responsibility for the loan and ownership of the property. Making payments regularly and on time can bolster the credit score of both the primary borrower and the co-borrower. A co-borrower is someone with a good credit history who applies for and shares the responsibility of a loan with another borrower.

• Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018.
• The terms of a loan, including maturity date and interest rate are spelled out in loan documentation which is signed by both the lender and borrower making it a legally binding contract.
• However, the co-signer isn’t responsible for making regular payments otherwise.
• If each agent’s endowment level increases, then the relative wealth differences between the lenders and the borrowers really decrease.
• A co-applicant is an additional person considered in the underwriting and approval of a loan or other type of application.

Neither FHA.com nor its advertisers charge a fee or require anything other than a submission of qualifying information for comparison shopping ads. We encourage users to contact their lawyers, credit counselors, lenders, and housing counselors. One option is for “good-credit” to buy the house alone, leaving “bad-credit” out of the deal. But then the mortgage would be limited to the amount that the income of “good-credit” can support. Whether this option works depends on whether the mortgage that “goodcredit” can carry, plus the down payment the partners can make, permit them to purchase the house that they want. See Affordability/Calculating the Maximum Affordable Sale Price.

The borrower worked for the lender, or substituted someone to work in his or her place, in lieu of paying interest on the loan. It takes the form of a rebate on the interest rate prevailing on the loan market for a given category of borrowers and projects. These costs arise through informational asymmetries between borrowers and lenders that are costly to resolve.

A judgment lien is a court ruling giving a creditor the right to take possession of a debtor’s property if the debtor doesn’t fulfill their obligations. Students sometimes require entrance counseling when they are first-time debtors. All the documents related to personal information and financial information must be bonafide without any forgery. Connect with a local non-commissioned real estate agent to find out all the ways you can save. For grievance redressal, suitable arrangements must be put in place by the co-lenders to resolve any complaint registered by a borrower with the NBFC within 30 days. Banks and NBFCs must have a master agreement in place before they start co-lending.

In February, the Bank of Maharashtra tied up with LoanTap Credit for lending jointly. State Bank of India top officials have said that the bank is actively looking at co-lending opportunities with NBFCs. For questions or concerns, please contact Chase customer service or let us know at Chase complaints and feedback. Using an updated version will help protect your accounts and provide a better experience. The legal liabilities of a co-owner are same as that of a main borrower. Being a co-signer may reduce the credit eligibility of the person and may impact approval of any future credit requirement of co-signer.

Ultimately, if one co-borrower defaults on the joint loan, it will reflect on each borrower’s credit report. A co-borrower is any additional borrower whose name appears on loan documents and whose income and credit history are used to qualify for the loan. Under this arrangement, all parties involved have an obligation to repay the loan. For mortgages, the names of applicable co-borrowers also appear on the property’s title. A co-borrower’s name is seen on both the title and the loan, meaning they have a right to the property and share the responsibility of loan payback with the primary borrower on the mortgage.

When you apply for a loan, you might have the option to add a co-signer or co-borrower. And while the terms are similar, a co-borrower — or joint applicant — shares ownership of the loan and assumes responsibility for payments from the start. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers.

The underwriter will review the credit scores and credit profiles of both applicants in their approval decision. Generally, the terms of the lending deal are based on the credit information of the highest quality borrower which provides for more favorable lending terms. Borrowers with good credit can help low credit quality borrowers to obtain loan financing approval.

Definition and synonyms of accountancy from the online English dictionary from Macmillan Education. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘accountancy.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. The reporting aspects of accountancy are considerable, and so have been divided into smaller areas of specialization, which are noted below.

• Our writing and editorial staff are a team of experts holding advanced financial designations and have written for most major financial media publications.
• These financial records are used by accountants, financial analysts and other professionals to analyze business performance and expenses, summarize cash flows and revenue streams, interpret financial data, and help key decision-makers maximize future investments.
• Please note that some information might still be retained by your browser as it’s required for the site to function.
• The term accountant refers to a professional who performs accounting functions such as account analysis, auditing, or financial statement analysis.
• Double-entry bookkeeping was pioneered in the Jewish community of the early-medieval Middle East[20][21] and was further refined in medieval Europe.[22] With the development of joint-stock companies, accounting split into financial accounting and management accounting.
• It refers to the process of measuring, summarising, and communicating the financial information produced by bookkeeping to classify and explain account information to relevant parties such as shareholders and managers.

In other words, accountancy deals with the conceptual, and accounting deals with the practical. The term “accountancy” refers to the study, principles and theory of accounting, while the term “accounting” is commonly used for all accounting practices and procedures in application. It is worth noting, for example, that accountancy includes any decision-making process that might follow the preparation of an income statement, whereas accounting deals with the preparation of the income statement itself. The process of recording and summarising financial transactions is known as ‘bookkeeping’. When the data is produced in reports for the use of individuals or companies outside the organisation, the process is called ‘financial accounting’. The online MAcc program at the University of Nevada, Reno, explores the fundamentals and complexities of advanced accounting principles, taxation laws, financial analysis and more to give students an edge in today’s competitive job market.

Information systems

Check out this blog post on how to start a business to get additional information on whether it’s time to find an accountant. An automated accounting system such as Debitoor allows reports to be generated at https://www.bookstime.com/ any time depending on your business needs. Because expenses and income are balanced and updated immediately after they are entered, the balance sheet and profit & loss reports are ready when you need them.

It provides feedback to management regarding the financial results and status of an organization. Debitoor offers a platform for all financial data from your business to be shared directly with your chosen accountant when needed. If you’re looking for a registered accountant in the UK, start with our accountant list.

History of Accountants

Our work has been directly cited by organizations including Entrepreneur, Business Insider, Investopedia, Forbes, CNBC, and many others. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Aspiring students and professionals looking to advance their careers have plenty of job opportunities available, but getting a focused education is always the first step to joining any specialized workforce.

The results of the efforts of the preceding accountants are accumulated into a set of accounting records, of which the summary document is the general ledger. The general ledger consists of a number of accounts, each of which stores information about a particular type of transaction, such as product sales, depreciation expense, accounts receivable, debt, and so on. Certain high-volume transactions, such as customer billings, may be stored in a subledger, with only its totals rolling into the general ledger. The ending balances in the general ledger may be altered with adjusting entries each month, mostly to record expenses incurred but not yet recorded. There are also a number of business transactions that are non-repetitive in nature, and so require the use of journal entries to record them in the accounting records. The fixed asset accountant, general ledger clerk, and tax accountant are most likely to be involved in the use of journal entries.

Accounting

A Certified Internal Auditor doesn’t need to receive any license in order to practice, and neither do Certified Management Accountants. Accountants are financial professionals who take charge of a series of accounts—either private or public. As such, they may find work with corporations of different sizes—small to large—governments, different organizations like non-profits, or they may set up their own private practice and work with individuals who enlist their services. Employment of accountants and auditors is expected to grow 7% from 2020 to 2030, adding nearly 100,000 new jobs during that period, according to data from the U.S.

Cost audit refers to the detailed verification of the correctness of costing techniques, costing systems, and cost accounts. In any manufacturing or service firm, it is crucial to calculate the correct cost of services to charge customers. It is also an art because it requires ability and skill in the application of the principles of cost accountancy to managerial problems. Accountants can be held liable under two different types of law—common law and statutory law.

Difference Between Purchases And Cost Of Goods Sold

There is a board of accountancy in each of the 50 U.S. states plus five other jurisdictions. Each board of accountancy also controls the licensing of certified public accountants (CPAs) within its jurisdiction. For more information, see the CPA Requirements section of our Accounting Career Center. In November 2009, the chairs of IFAC’s committees and the independent standard-setting boards IFAC supports identified the need to assess the current definition of the term professional accountant. The chairs discussed a number of issues with the current definition and concluded that a task force should be established to 1) evaluate the current definition, and 2) determine whether an alternative could be developed for further consideration. Those seeking to expand their employment opportunities in the accounting field may consider obtaining certification as a certified public accountant (CPA).

Accountants may be held liable for paying uninsured losses to creditors and investors in the case of a misstatement, negligence, or fraud. Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. The recording of business transactions usually involves several key transactions that are handled on a repetitive basis, which are issuing customer invoices, paying supplier invoices, recording cash receipts from customers, and paying employees. These tasks are handled by the billing clerk, payables clerk, cashier, and payroll clerk, respectively. Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. The use of this information also makes it possible to forecast future financial developments, analyse different areas of the business and evaluate business potential.

Common law liability includes negligence, fraud, and breach of contract, while statutory law includes any state or federal securities laws. Certified public accounts are legally and ethically responsible to be honest, trustworthy, and to avoid negligence in their duties. CPAs have real influence over their clients, which means their judgment and work can affect not just an individual but an entire company—including its employees, its board, and its investors.

Accountants are financial professionals who carry out several key functions related to a company’s finances and overall financial health. Their responsibilities run the gamut, from auditing financial statements and preparing tax returns to suggesting investment strategies. Accountants may even develop and propose various ways to improve an organization’s financial efficiency. https://www.bookstime.com/articles/what-is-accountancy Management accounting is the province of the cost accountant and financial analyst, who investigate ways to improve the profitability of a business and present their results to management. Their reports may be derived from the main system of accounts, but may also include separate data accumulation systems, as may be found with activity-based costing systems.

Our team of reviewers are established professionals with decades of experience in areas of personal finance and hold many advanced degrees and certifications. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

The FASB’s standards are also adopted by many non-publicly-traded companies to ensure consistency and transparency around accounting practices. “Accountancy” also is often used as an umbrella term to encapsulate several areas of real-world financial statement management, including preparation, compilation and review. Preparing a financial statement or balance sheet is accounting; interpreting it or deciding what to do with it is accountancy. The information in the general ledger is used to derive financial statements, and may also be the source of some information used for internal management reports. Accountancy is the practice of recording, classifying, and reporting on business transactions for a business.

Individuals entering the profession can pursue a variety of roles, including financial or managerial accountants, internal or external auditors, or government accountants. Many accounting practices have been simplified with the help of accounting computer-based software. These systems can be cloud based and available on demand via application or browser, or available as software installed on specific computers or local servers, often referred to as on-premise.

This credential can help candidates stand out in a competitive job market, as publicly traded companies are required to have their records audited by a CPA. Financial accounting involves the preparation of financial statements — such as balance sheets, income statements and cash flow statements — for internal and external stakeholders. Managerial accounting involves similar functions, but the information is intended primarily to help internal stakeholders make informed business decisions.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. For professional traders, the company offers to use the Next Generation of MT4 – MT4NexGen. This platform is available free of charge for clients who open a live account with a minimum deposit of 1,000$. The short answer is Yes, Axi’s Pro account offers ECN-style tight spreads.

In this regard, the focus is obviously on FX pairs, but metals and indices are covered as well, not to mention cryptocurrencies. For those looking for enterprise-level security and infrastructure, AxiTrader has struck up a special deal with Beaksfx VPS. The service, which normally costs $60 per month, is available to such traders with a 30% discount.

Is trading safe in AxiTrader?

In terms of educational material and trading resources Axitrader offers a selection of free webinars, video tutorials and eBooks as well as a standard economic calendar. No fees or extra charges apply when utilising these tools and resources. One of the biggest drawbacks with this Forex broker are the very limited options for deposits and withdrawals. Deposit methods only include debit and credit cards (VISA, Mastercard, Maestro and JCB), Neteller, Skrill, bank wire transfers and broker to broker funds transfer. Payment options vary depending on the client’s country of residents and are very limited as well. It has over 10,000+ registered users and over 16 years of experience on its record.

In the trading world, brokers like Axitrader, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. I like the trading experience at Axi as the Pro account offers raw spreads from 0.0 pips for a commission of $7.00 per round lot. I also appreciate the swap rates, which accurately reflect the global interest rate environment, free of excessive broker mark-ups, as evident at many brokers. While the asset selection is limited, I think Axi is an excellent choice for pure Forex traders with 75 currency pairs.

AxiTrader review

Selecting the right broker is vital for your AxiTrader investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. AxiTrader’s customer support team was helpful and provided direct and relevant answers to our questions, but not at all times. On our first interaction with the customer service team via live chat we received an inaccurate answer to our question. We tested all our trades via the MetaTrader 4 mobile app on our iPhone. Axi does not offer any other trading platforms, which is a drawback.

• Each trader wants to trade with a Forex Broker who truly understands their needs.
• The minimum deposit that you must deposit to begin on AxiTrader is $0.
• Between 74-89% of retail investor accounts lose money when trading CFDs.
• While some of these services are available for free, there are paid options as well.
• There is likely to be a high risk of losing money when trading with the AxiCorp Financial Services Pty LTD because the license stands suspended.

AxiTrader is licensed and regulated by the two main authorization institutions Financial Conduct Authority (UK) and by the Australian Securities & Investments Commission. Since over-the-counter derivatives carry significant risks traders should be assured they’re dealing with a transparent provider, which can be provided only by the regulated broker. Axitrader is not a scam but voted timelessly for its trustworthiness, with low-risk Forex trading.

Is Axitrader a con?

It allows these expert developers to create their own fully tested trading algorithms. You can either run these live in your account automatically or you can choose to copy select developers. When you install it on your device it connects to the AxiTrader server from with your MT4 account details. This has a pretty extensive array of features for a mobile trading application.

• This platform is more developed, with more features to enjoy for professional traders.
• These signals can be used to trigger new trades because the reversal may cause a new trend to start.
• If you feel that AxiTrader is not right for you then at the bottom of this AxiTrader review you will find a lot of alternatives to AxiTrader.
• The broker is also committed to customer service by responding to consumer complaints and feedbacks within 24 hours, which helps in increasing customer satisfaction.
• When you have open Buy and Sell trades in the same asset, you’ll be required to pay half of the usual margin amount.

Without these tools, implementing any trading strategy could render it useless. Three unique features make AxiTrader a success in the trading game. The broker is known to harvest the best out of the Autochartist MT4 plugin, its VPS hosting, and the PsyQuation Premium service. On the technical side, AxiTrader is the official trading name of the company – AxiTrader LTD. As a broker, AxiTrader is a company that is supposedly regulated and authorized in St. Vincent and the Grenadines region’s Financial Services Authority.

AxiTrader Review: Is it a Scam or Legit Broker?

Coupled with the Correlation Trader, this tool streamlines efficiency and eliminates money management errors. The Standard Account features different trading conditions than the Pro one. It does not charge any commissions, https://forex-review.net/axitrader-review-scam-or-legit/ but its spreads start from 1 pip. The company that originally launched the operation is an Australian one. AxiCorp Financial Services Pty Ltd is a registered Australian and New Zealand financial service provider.

We also used this and we were able to get an instant response from an agent at AxiTrader. There are a range of different CFD products that you can trade at AxiTrader. These are both spot CFDs as well as a selection of CFDs on Futures (future price). Analysis and proper reporting is always key to successful trading. Through NexGen’s Automated Trade Journal, this aspect of the trading activity takes on an entirely new dimension.

AxiTrader Regulation and Licensing

Our account was approved after submitting all the required documents. Another example that is more trading-related is from JackW, who considers AxiTrader to be a decent choice for investment. We have browsed the internet for some user reviews about AxiTrader. Provide the email address, phone number, country of residence, and other particulars in the online application form. The use of these applications is suitable for specific circumstances, which is why AxiTrader clients must determine their use for their needs. We have spent years researching the best alternatives to Axitrader.

Note that the content on this site should not be considered investment advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.

Is Axitrader a good broker?

Check out the current account balance requirements at Axi in our What is the minimum account balance at Axi article. Is Axi legit features all the key aspects you need to look at to see if a broker is safe and legit. Being regulated by several top-tier financial authorities is a great sign for Axi’s safety. Under ‘Learn to Trade’, you can find seminars and webinars to watch. However, we found that these are only scheduled for certain language pages, with many of them indicating loading errors at the time of the review. We liked the market analysis section, which can be found on the website under ‘Markets Blog’.