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 Today, the currency is obsolete as this island is using the Australian dollar as its currency.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
Nordic Tiger
A colloquial term for the Scandinavian nation of Iceland. Prior to the global financial crisis of 2008, Iceland was on a strong growth trajectory t ...
Tariff
Tax imposed on imported products and services. It is used to restrict trade as it increases the price of these goods and services. Money collected ...
Social Responsibility
Social responsibility is responsibility of an organization to the society. There is a notion that companies were created to maximize profits howeve ...
Step-Up Bond
Step-Up Bond is a kind of bond where the first period is paid with an initial coupon rate. After the initial payment, the coupon rate goes higher f ...
Gap Analysis
Process in which a firm compares its actual performance to its projected performance to assess if they have met these expectations and used ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Change | Mar | |
| 16:00 | ISM Services PMI | Mar | |
| 01:30 | Household Spending | Feb | |
| 03:00 | ANZ Commodity Prices | Mar | |
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 05:35 | 30-Year JGB Auction | Apr | |
| 07:00 | Leading Indicators | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 09:15 | PMI Services | Mar |
