HARA-KIRI SWAP
An interest rate or cross-currency swap devoid of any profit margin for the originator. The term gets its name from Japanese banks' and securities houses' 1980s strategy of offerings very low rates in order to obtain business. In Japan, hara-kiri is a form of slow ritual suicide; the swaps were dubbed hara-kiri because they turned out to be a form of financial suicide for the institutions that offered them.
POPULAR TERMS
Commodity Trading Advisor - CTA
Individual or firm providing advice on buying and selling of futures contracts, options on futures, retail off-exchange forex contracts, and swaps. ...
Investment Farm
An acquired agricultural business operation with an objective to generate profit or make a tax deduction for the farm owner. Investors with investm ...
VER
Voluntary Export Restraint (VER) is a trade restriction on the quantity of goods that an exporting country is allowed to bring in to another countr ...
National Housing Act
Its objective is to make credit more obtainable to creditors for home construction and repairs, and to create a better housing available to low and ...
Condensed Financials
Summary form of a firm’s financial statements, which is done for reprinting and simplified viewing purposes. The document is comprised of a c ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
12:00 | Bundesbank Monthly Report | ||
07:00 | BOJ Core CPI | Jun | |
16:00 | Existing Home Sales | Jun | |
16:00 | Richmond Fed Manufacturing Index | Jul | |
16:00 | Consumer Confidence | Jul | |
02:30 | PMI Manufacturing | Jul | |
02:30 | Tertiary Industry Index | Jul | |
02:30 | PMI Composite | Jul | |
08:00 | GfK Consumer Climate | Aug |