GOLD RESERVE ACT OF 1934
Act that took away title to all gold and gold certificate held by the Federal Reserve Bank. These were transferred to the US Treasury. Trading and owning gold is a criminal offense under the act. In 1975, Americans were allowed again to posses to trade gold.
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Organization Of Arab Petroleum Exporting Countries - OAPEC
This organization is based in Kuwait that pursues to promote cooperation among 11 Arab –oil-exporting nations that are its members, and devel ...
Imputed Value
Value of an item such as asset for which the actual value is not recorded or available, but logical or implicit in that item wherein a real value h ...
Earned Premium
Amount of total premiums an insurance company collected within a period, which have been generated according to the ratio of the time rendered on t ...
Easement in Gross
Legal right to use another individual’s property as long as the owner possesses that property or the easement holder passes away.
Minimum Efficient Scale
The smallest amount of production a firm can attain while taking full advantage of economy of scales in their costs and supplies. In classical econ ...
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SEE FOREX TUTORIAL
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
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 ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Apr | |
| 14:30 | NY Fed Empire State manufacturing index | Jun | |
| 16:00 | NAHB Housing Market Index | Jun | |
| 19:00 | ECB President Mario Draghi Speaks | ||
| 20:45 | BOC Deputy Governor Lawrence Schembri Speaks | ||
| 22:00 | TICS | Apr | |
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 03:30 | Monetary Policy Meeting Minutes |
