EUROPEAN MONETARY SYSTEM - EMS
Arrangement between many European countries which link their currencies in order to stabilize the exchange rate and prevent huge fluctuations. Created in 1979, this was succeeded by the European Monetary Union (EMU), a European Union (EU) institution.
POPULAR TERMS
Calamity Call
A call feature of a Collateralized Mortgage Obligation (CMO) mainly intended to lessen the reinvestment risk of the issuer. If the cash flow produc ...
Tax Expense
Amount of tax owed in a specific time period, as seen in the income statement. It is computed by multiplying the right tax rate of an individual or ...
Carried Interest
Portion of any profits compensating the general partners of private companies and hedge funds even without contributing to initial funds. It aims t ...
Insider Buying
Purchasing shares of stock in a company by an individual who works in that company. This is different from insider trading because the latter perta ...
AUD
The abbreviation for the Australian dollar on the currency market.
POPULAR ARTICLE
SEE FOREX TUTORIAL
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: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
