CLIMAX
Market situation describing a very high trading volume and a dramatic upward or downward price movement. It is frequently followed by a steep price correction. High volume and downward price movement signals a selling climax while high volume and upward price movement denotes a buying climax. Either climax indicates the end of a trend.
POPULAR TERMS
Flat Tax
It is a system that applies the same rate to all taxpayers regardless of their income bracket.
Adjusted Mean
Statistical averages that are fixed accordingly intended to catch up on imbalances on the data. Outliers, visible in the data sets will most likely ...
Civil Service Retirement System - CSRS
System establishing the retirement, disability, and survivor benefits for certain Federal employees. The Federal Employees Retirement System (FERS) ...
The Conference Board
Nonprofit business organization researching, collating, and distributing information on management and the marketplace. A widely quoted private sou ...
Financial Economics
A branch of economics that analyzes the use and distribution of resources in markets in which decisions are made under uncertainty. Financial decis ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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 ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | New Housing Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 16:00 | Consumer Confidence | Apr | |
| 02:30 | PMI Manufacturing | Apr | |
| 02:30 | Tertiary Industry Index | Apr | |
| 02:30 | PMI Composite | Apr | |
| 08:00 | Public Sector Net Borrowing | Mar |
