EUROMARKET
Market comprised of all European Union member countries, many of which use the euro as its official currency. All tariffs between the member countries are abolished, and import duties from all non-member nations are fixed for all these countries. These nations abide the monetary policy set by the European Central Bank (ECB). Also called the common market.
POPULAR TERMS
Gift Letter
Written correspondence given to a lender acknowledging the money received is a gift from a friend or relative. Normally, it occurs when a borrower ...
Digits Deleted
A designation on an exchange's ticker tape that refers to the absence of one or more price digits caused by tape delay. Digits deleted comes in ...
Quadruple Witching
Basically, quadruple witching is the day in which all contracts for stock index options and futures, single stock futures, and stock options expire ...
Cash on Delivery - COD
Transaction in which payment for an ordered good is made on its delivery date and time. The good will be returned to the seller should the buyer fa ...
Robo-Signer
A mortgage servicing company employee signing foreclosure documents without reviewing them. A robo-signer does not review details of individuals, a ...
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SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
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 ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | New Housing Price Index | Dec | |
| 17:00 | Consumer Confidence | Jan | |
| 17:00 | Leading Index | Dec | |
| 02:30 | NAB Business Confidence | Dec | |
| 02:30 | PMI Manufacturing | Jan | |
| 02:30 | Tertiary Industry Index | Jan | |
| 02:30 | PMI Composite | Jan | |
| 07:00 | BOJ Core CPI | Dec |
