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Discover Latest #Depreciation News, Articles and Videos with Contenting
Depreciation is an accounting term which is used to spread the cost of an asset over its useful life. It is a method of allocating the cost of an asset over a period of time. It is used to match the cost of the asset to the revenue it generates. Depreciation is a non-cash expense and is used to reduce the value of an asset on the balance sheet. It is important to understand how depreciation works and how it affects the financial statements of businesses. Read the latest news and articles on depreciation below.
A Week Full of Surprises - Action Forex
The second big surprise of the week came from the Swiss National Bank (SNB). The Swiss cut the interest rate by 25bp to 1.5% yesterday, in a surprise move and became the first major central bank to cut rates. The Swiss 10-year yield fell to 65bp and franc lost against the dollar and the euro. The USDCHF broke above the 2022 to 2024 downtrending channel and the EURCHF spiked above a minor Fibonacci retracement, though it remains well above the prepandemic levels both against the greenback and the single currency. The SNB is expected to lower rates two more times this year and the latter should lead to a gradual depreciation of the Swiss franc, help exporters to see the light at the end of the tunnel and support the stock valuations. UBS observes that a 1% deprecation in the franc leads to around 0.9% rise in the Swiss stocks. The SMI jumped 0.73% yesterday.
Verbal Intervention Heighten as Yen Stumbles, Kiwi Falls on Bleak Economic Projections - Action Forex
Japanese Yen breached its recent low against the broadly strong Dollar in Asian session today, but the selloff halted just before reaching 152 mark. The momentum of Yen's decline appears to be cushioned by Japan's heightened verbal intervention. Finance Minister Shunichi Suzuki issued a stern warning about Yen's depreciation, warning of "decisive steps" to support the currency. This phrase was used back in Autumn 2022, marking the last instance of Japan's direct intervention in the currency market to curb Yen's slide.
Why the Deprecation of Third-Party Cookies is Inconsequential for G2 Buyer Intent Users
The depreciation of third-party cookies will impact the different tools and channels that are part of the typical B2B marketing mix. Because G2 does not use third-party cookies to track buyer Intent activity, customers using this solution will not be affected.