EUROPEAN FINANCIAL STABLISATION MECHANISM - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money through the financial markets guaranteed by the European Commission. Money raised through the markets use the union’s budget as collateral. ESFM is rated AAA by Fitch, Moody's, and Standard & Poor's.
POPULAR TERMS
Relative Return
It refers to the return that an asset achieves in a period of time compared to a benchmark. It is the difference between the absolute return achiev ...
Sergey Brin
Sergey Brin is the co-founder of the web giant Google along with Larry Page. Sergey was born in Moscow Russia on 1973. At the age of six, he and hi ...
Repatriation
It is the process of converting a foreign currency into the currency of one’s own country. The amount that an investor will receive depends o ...
Stabilization Policy
Stabilization policy is a macroeconomic strategy whose primary purpose is to maintain stable economic growth. It was enacted by governments and cen ...
Price-to-Rent Ratio
A mathematical calculation utilized in the Trulia Rent Vs. Buy Index that compares the totals costs of homeownership with the total cost of renting ...
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SEE FOREX TUTORIAL
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Commodity Prices | Sep | |
| 02:30 | Tertiary Industry Index | Sep | |
| 02:30 | PMI Composite | Sep | |
| 07:00 | Consumer Confidence | Sep | |
| 09:15 | PMI Services | Sep | |
| 09:15 | Composite PMI | Sep | |
| 09:45 | PMI Services | Sep | |
| 09:45 | PMI Composite | Sep | |
| 09:50 | PMI Services | Sep |
