ABX INDEX
A financial benchmark which is intended to measure the mortgages' overall value made to borrowers with weak credit or subprime. The ABX index employs credit default swap contracts to derive the overall value which is made up of 20 bonds, comprised of subprime mortgages groups. Financial institutions, with the help of this index, are able to determine if whether the market for these securities are worsening or improving. Also know as Asset-Backed Securities Index.
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Sell To Open
Sell To Open is a phrased used in options. It is when a short position opens in an option transaction which means that the investor is starting or ...
Own-Occupation Policy
A policy that covers people who become disabled and are unable to perform majority of occupational duties that they have been trained to perform.
Other Post-Retirement Benefits
These are benefits given to employees during their retirement years, other than pension distributions. Most benefits include medical plans and life ...
LIFO Reserve
Difference between the First In, First Out (FIFO) inventory and Last In, First Out (LIFO) inventory in accounting. The figures signify the amount o ...
Per Diem Interest
It refers to the interest charge on a loan for one or more days. This doesn’t necessarily mean that the interest compounds daily, it simply r ...
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SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI retail sales volume balance | Sep | |
| 15:00 | NBB Business Climate | Sep | |
| 00:00 | FOMC Member Neel Kashkari Speaks | ||
| 01:50 | Corporate Service Price Index | Aug | |
| 07:00 | BOJ Core CPI | Aug | |
| 11:30 | 10-y Bond Auction | Sep |
