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.
POPULAR TERMS
One-Cancels-the-Other Order - OCO
A pair of orders specifying that once an order is executed, the other is automatically cancelled. OCO combines limit and stop over an automated tra ...
Big Three
Term used in for General Motors, Chrysler and Ford. The three largest automobile manufacturers in North America.
The three manufacturers ...
SIX Swiss Exchange
SIX Swiss Exchange is the primary stock exchange of Switzerland and is among the top 20 major stock exchanges of the world. it is located in Zurich ...
Offshore Portfolio Investment Strategy - OPIS
A tax shelter product designed to create large, apparently real losses to be used for tax sheltering. This tax shelter includes making a shell comp ...
Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
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 ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:15 | Producer & Import Prices | ||
| 13:10 | BOJ Deputy Governor Masayoshi Amamiya Speaks | ||
| 17:30 | Retail Sales | ||
| 17:30 | Empire State Manufacturing Index | ||
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 06:30 | Monetary Policy Meeting Minutes | ||
| 07:00 | Industrial Production | ||
| 13:30 | Claimant Count Change | ||
| 17:30 | Building Permits |
