FLOATING EXCHANGE RATE
A system where the value of a currency is solely determined by the relationship of market forces of demand and supply, instead of by government intervention.
POPULAR TERMS
Confusion of Goods
Mixture of similar products or properties of two or more parties, to the extent where identifying each party’s respective items is not possib ...
Privatizing Profits And Socializing Losses
A phrase which describes how businesses and individuals can successfully benefit from any and all profits related to their line of business, but av ...
Trial Balance
Bookkeeping worksheet accounting all debit and credit balances at the end of each reporting period. A firm prepares this worksheet monthly to ensur ...
Help-Wanted Index - HWI
The U.S. job market index, published monthly by the Conference Board that monitors the number of help wanted advertisements in major newspapers acr ...
Certified Financial Divorce Practitioner - CFDP
Professional designation awarded to individuals expert in the financial aspects of divorce. The practitioner explains the financial indications of ...
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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 ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 11:00 | Trade Balance | Jul | |
| 11:00 | Current Account (sa) | Jul | |
| 14:30 | Manufacturing Shipments | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 06:30 | Tertiary Industry Index | Jul | |
| 11:00 | ZEW Survey (Econ. Sentiment) | Sep | |
| 11:00 | ZEW Economic Sentiment | Sep |
