金融市场

Futures market is a product of the market economy develops to a certain stage. It is also one of the most powerful tools serving the spot trading in finance market. Corn futures market's unique functions of price trend discovery and hedge enable the corn farmers and relevant enterprises to know in advance the long-term price trend, and formulate the correct business strategy according to their own situation, and lock the risk and profit ahead of time.

期货市场既是市场经济发展到一定阶段的产物，又是金融市场中为现货服务最有力的工具之一；玉米期货市场特有的远期价格发现功能和套期保值功能可以使农民、相关企业提前了解玉米的远期价格走势，并根据自身的情况，制定正确的经营策略，提前锁定风险和收益。

Huo Xuewen expresses, next Beijing will be explored actively and development is mutiple level money market system, include to study the heavy goods such as oil trades the possibility that the market and carbolic bourse create in Beijing, do sth for sb ZhongGuanCun further share makes over a system to develop to superintend the curbstone market below to unite, make Beijing construction ceaselessly financing of national equity construction and capital management center.

霍学文表示，下一步北京市将积极探索和发展多层次金融市场体系，包括研究石油等大宗商品交易市场和碳交易所在北京设立的可能性，进一步把中关村代办股份转让系统发展为统一监管下的场外交易市场，不断把北京建设成为国家股权建设资金和资产治理中心。

Global financial markets continued their disintermediation: the provision of credit moved from banking systems to markets with many sources for corporate funding—distinct markets for equities, corporate bonds, commercial paper, and bank loans.

全球金融市场都继续他们不充当中介体的工作：信贷条款从各种银行体制转向各种具有许多公司融资源的市场，区分了股权、公司债券、商业票据和银行贷款的市场。

Thus, it is an important and urgent task to search for fitful methods and systems to manage risk.

在金融市场中，外汇保证金交易是外汇市场近几年出现的新交易形式，它的市场收益高，但风险很大。

The presentation "Capital Market Perspectives in the 5th year of the Bull Market – Asset Allocation Strategies for an international Investor" by Kai Franke, Chief Investment Officer of BHF-BANK in Frankfurt, will give you a detailed outlook for the economic and financial market perspectives and offer advice on how to structure the portfolio of a private investor in the current market environment.

本次研讨会邀请来自德国法兰克福 BHF 银行的首席投资顾问 Kai Franke 先生，为您讲述"第5个牛市年资本市场透析–国际投资者资产配置策略"。会上他将带您透析未来经济和金融市场的前景，教授作为私人投资者，如何在当今的市场环境中选择和构建资产投资组合。

The paper consider actual conditions of Hebei , and carefully analyzied the questions in highway investment and financing. Considering of country investment and financing heavy policy environment, it proposes that Hebei should not stay the highway investment and financings " wait for, by, take ", relying on governmental investment simply, but should fully give play to the role of capital market and financial market. In insist of the policy on " interconnected system loan interconnected system return ", attract social fund extensively, form the macroclimate that the society runs the traffic;Consider the highway assets of the whole province as a whole, make the financing scheme , vitalize the assets. Through capital market, take bid way, project jointlies operate, corporatization, shareholding system, try such ways as franchise operation ,etc. boldly in newly-built project. At the same time, devote more efforts to standing in the government"s policy to highway, set up the capital construction of highway development. Turn to capital market management focal point , investment and financing of management from project management, change direction " melt" from " throw ", open up with innovative idea dissolving enter road construction practice really, try some new financing methods boldly , only in this way , could arouse every side"s enthusiasm further , really open up the unexhausted source for the benign development of road construction of Hebei.

本研究报告充分考虑了河北省的实际情况，对河北省公路投融资工作中存在的问题进行了深入、细致的分析，针对目前国家在公路投融资大的政策环境，提出了河北省公路投融资不能停留在"等、靠、要"，单纯依靠政府投资上，而是应该充分发挥资本市场和金融市场的作用；在坚持省交通厅"统贷统还"的政策下，广泛吸引社会资金，形成社会办交通的大气候；将全省的公路资产统筹考虑，制定融资方案，将资产盘活：通过资本市场，采取招投标方式，将有条件的公路项目进行合资合作、公司化、股份制改造，新建项目大胆尝试特许经营等方式：同时加大政府对公路的政策支持力度，建立公路发展基建；将投融资管理的重点，从项目管理转向资本市场管理，从"投"转向"融"，把开拓与创新理念真正溶入公路建设实践，大胆尝试一些新的融资方法，只有这样，才能进一步调动各方积极性，真正为河北省公路建设的良性发展开辟不竭之源。

Though all the factors in goods market, labor market and financial market may have an effect on the weights, the literatures about currency basket neglect the effect of financial markets because of its unimportance at the beginning of 1980s.

商品市场，劳动力市场和金融市场中的不同因素都可能影响到货币篮的最优权重。

This article also use the means of comparison to compare the finical marketin china with foreign countries,it can study the market in all kinds countries.

为了全面地分析研究，本文采用了西方经济学中比较经济学的研究方法，对中国和国外发达国家的金融市场发展进行了纵横比较，从而达到认识不同国家货币市场与资本市场关系的目的。

Still seeing from the scope and the influence of all countries upon that market,or from the medium of the feeder,needer,the supplier and demander of the currency, the offshore financial markets have extensively and strong internationalism.

无论从市场所使用的货币、资金的供给者、需求者、供需间的媒介，还是从市场的范围和各国对该市场的影响来看，离岸金融市场都具有广泛而强烈的国际性。

Because of the size and rapid growth of the Eurocurrency, Eurobond, and Eurocredit markets, and the resulting integration of domestic and international financial markets, we are truly approaching the situation in which all banking functions and markets are viewed globally.

由于欧洲货币、欧洲债券和欧洲信用市场的巨大规模，发展迅速，并由此导致国内市场和国际市场的结合，我们确实正在走向这样的境界：一切银行职能和金融市场都可以看作是全球性的。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。