Unit Two Financial Markets 商务英语课件.ppt

Unit Two Financial Markets Learning Objectives 1. Understand the meaning of finance 2. Be familiar with some famous financial markets throughout the world 3. Know about the primary elements that caused the financial crisis in Southeast Asia 4. Know about the exchange of stocks and other financial instruments Warm Up 1. Can you name some typical financial markets? Foreign exchange market Stock market Futures market 2. The characteristics of money. To most of us, money is nothing but the currency of a country. But to some people, money is either the best friend or the worst demon. To economists, however, money is a subject for study, and for something to be money, it must at least have the following characteristics: portability, divisibility, stability, durability and acceptability. 3. Finance and financial market. Finance signifies capital in monetary form that is in the form of funds lent or borrowed, normally for capital purposes, through financial markets or financial institutions. Oral Practice A: Excuse me, Madam. Is it possible for me to change foreign money here? B: That is handled over there. It’s position number five. C: Good morning, sir. May I help you? A: Good morning. I’d like to change some pounds sterling into US dollars. C: How much do you want to change? A: Let me see. 1000 pounds. C: Which do you prefer, cash or travelers cheques? The exchange rate for cash is higher than for travelers cheques, but you have to pay 1% commission on travelers chques, so in the end both cost you about the same. A: In cash, please. C: Very well, sir. Today’s exchange rate is 1.8858 US dollar to the pound, so 1000 pounds will be 1885 dollars and 8 cents all together. Would you please fill in this form, giving us your full name in capitals, your passport number, and also a contact telephone number, and sign your name? A: I have lots to write, huh? Yes, I understand. That’s banking business；everything in order. There. C: That’s right. Her