EUROPEAN CENTRAL BANK - ECB
Central bank responsible for the monetary system of the European Union and the euro. Formed in Germany in 1998, it works with other national central banks of every EU member countries to create monetary policy to maintain price stability in the eurozone.
POPULAR TERMS
Take a Bath
Slang term for a situation in which investor sustained a huge amount of loss from an investment or speculative position. Investors experiencing thi ...
Austerity
Its main purpose is to measure the measures the government did to reduce the expenditure in an attempt to decrease their growing deficit.
Trade Surplus
Situation in which a country’s exports is higher than its imports, reflecting a net inflow of domestic currency from international markets.
Health Insurance
An insurance that pays for medical expenses incurred by the insured.
Substantial Gainful Activity - SGA
Threshold placed by the Social Security Administration to evaluate the eligibility for disability benefits. A specified dollar amount, it is update ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
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.
“ ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | ANZ Business Confidence | Aug | |
| 03:30 | PMI Manufacturing | Aug | |
| 03:30 | Non-Manufacturing PMI | Aug | |
| 03:30 | Private Sector Credit | Jul | |
| 03:30 | Company Operating Profits | 2 quarter | |
| 07:00 | Housing Starts | Jul | |
| 14:00 | CPI | Aug | |
| 14:00 | Harmonized CPI | Aug | |
| 01:01 | BRC Shop Price Index | Aug |


