CHRISTMAS ISLAND DOLLAR
Previous currency of Christmas Island, an Australian island in the Indian Ocean. Today, the currency is obsolete as this island is using the Australian dollar as its currency. Dollarization refers to changing of a local currency to using another jurisdiction’s currency.
POPULAR TERMS
Wholesale Energy
Wholesale Energy is the purchase and sale of energy products, such as electricity, natural gas, and steam, in the wholesale market by energy produc ...
Letters Patent
A legal instrument issued by the government, which grants the entire rights to a private entity or a corporation for a new invention. The letter st ...
Inflation Trade
Investing method that aims to generate profit from an overall hike in price levels. It often entails trades in commodities including oil and gold b ...
Activity Dictionary
A list of specific activities that are used in the activity-based costing (ABC) analysis. The list is made up of description of different activitie ...
Acronym
Acronym for countries Turkey, Indonesia, Mexico, and Philippines. A group of investors and economists to classify fast-growing emerging market econ ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | Tertiary Industry Index | May | |
| 02:30 | PMI Composite | May | |
| 03:00 | MI Inflation Gauge | May | |
| 03:30 | ANZ Jobs Advertisements | May | |
| 03:30 | Company Operating Profits | 1 quarter | |
| 03:45 | Markit Services PMI | May | |
| 08:00 | Trade Balance | Apr | |
| 08:30 | CPI | May | |
| 09:15 | PMI Services | May |
