CURRENCY BAND
Currency system which establishes a trading range a currency’s exchange rate can float between. It describes the price floor and the price ceiling the price of a specific currency can trade. A combination of a fixed and floating exchange rates, it limits the price movement with respect to a reference currency or currencies.
POPULAR TERMS
BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 07:00 | BOJ Core CPI | Jun | |
| 16:00 | Existing Home Sales | Jun | |
| 16:00 | Richmond Fed Manufacturing Index | Jul | |
| 16:00 | Consumer Confidence | Jul | |
| 02:30 | PMI Manufacturing | Jul | |
| 02:30 | Tertiary Industry Index | Jul | |
| 02:30 | PMI Composite | Jul | |
| 08:00 | GfK Consumer Climate | Aug |
