CARTEL
Organization created between a group of companies, endeavoring to control or manipulate prices. It pertains to a collection of business or countries acting hand-in-hand as a single producer, agreeing to affect prices for some products and services by regulating production and marketing. Over an industry, cartel has less command than a monopoly, an occurrence in which a single group or firm holds all or almost all of the market of these product or service. In the United States and the European Union, these are illegal. However, the Organization of Petroleum Exporting Countries (OPEC), world’s biggest cartel, is guarded by US foreign trade laws.
POPULAR TERMS
Free File Fillable Tax Forms
Electronic versions of tax forms, first posted by the IRS in 2009, to allow taxpayers, regardless of their income, to file their taxes online at no ...
Value Network
Value Network is a set of connections between individuals and/or organizations that interact with each other for the purpose of benefiting the whol ...
Grandfathered Activities
Nonbank or nonconforming activities, usually some are not prohibited for bank holding firms and international banks in the United States, but were ...
Universe Of Securities
The Universe Of Securities is a set of securities with a common feature. Examples of features that might be shared are market capitalization, indus ...
Erosion
Gradual diversion of money from lucrative segments or projects in a business to new areas and projects. Even though managers almost always take int ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
08:00 | PPI | May | |
12:00 | Bundesbank Monthly Report | ||
18:45 | FOMC Member James Bullard Speaks | ||
23:00 | Westpac Consumer Confidence | 2 quarter | |
02:00 | RBA Governor Philip Lowe Speaks | ||
03:30 | Monetary Policy Meeting Minutes | ||
08:00 | Trade Balance | May | |
10:00 | Current Account (sa) | Apr | |
12:00 | CBI industrial order books balance | Jun |