CHECKABLE DEPOSITS
Any demand deposit amount held at a bank by writing checks or drafts. It includes savings, checking, and money market accounts, as well as any negotiable draft such as Negotiable Order of Withdrawal (NOW) or Super Now account.
POPULAR TERMS
Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
Third-Party Verification - TPV
Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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SEE FOREX TUTORIAL
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 ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
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 ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
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| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
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