BLOW UP
Slang term for complete and abject failure of an individual, bank, company, development project, or hedge fund. Although commonly used to describe a hedge fund’s downfall, it is not limited to hedge funds.
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BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
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 ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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12:00 | Bundesbank Monthly Report | ||
07:00 | BOJ Core CPI | Jun | |
16:00 | Existing Home Sales | Jun | |
16:00 | Richmond Fed Manufacturing Index | Jul | |
16:00 | Consumer Confidence | Jul | |
02:30 | PMI Manufacturing | Jul | |
02:30 | Tertiary Industry Index | Jul | |
02:30 | PMI Composite | Jul | |
08:00 | GfK Consumer Climate | Aug |