GROUP OF 3 - G3
Free trade agreement between Colombia, Mexico, and Venezuela, which comprise 70% of the whole population of the Greater Caribbean region. Enacted in 1995, the accord entails several issues such as intellectual property rights, public sector investments, and mitigating trade restrictions including reducing 10% of tariffs between these three nations for 10 years, from 1995 to 2005. Although it is still in effect, Venezuela left the group in 2006 and joined Mercosur, South America’s trade group. Also called G3 Free Trade Agreement.
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Shogun Bond
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Ambulance Chaser
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Core Deposits
Deposits in a bank’s general market area. Banks depend on core deposits to stabilize their funds for their lending base. Such deposits offer ...
Nominalism
Nominalism is the principle of keeping the amount of a debt obligation fixed in spite of fluctuations the purchasing power or exchange rate of mone ...
Insured Bond
Bond with interest and principal payments guaranteed by a private insurance company. Usually, insured bonds are seen as a feature of municipal bond ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |


