HARD MONEY
1. Funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare subsidies or firms that pay annual scholarships to post-secondary students.
2. Describes gold/silver/platinum (bullion) coins. A government that uses a hard money policy backs the value of the currency it uses with a hard, tangible and lasting material that will retain its relative value over time.
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Debt instrument whose return is identified by the performance of an individual equity security, basket of stocks, or an equity index.
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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05:00 | Expected Annual Inflation 2y from now | 3 quarter | |
07:00 | Economy Watchers Survey | Jul | |
07:45 | Unemployment Rate | Jul | |
10:30 | Sentix Investor Confidence | Aug | |
01:01 | BRC Retail Sales Monitor | Jul | |
01:50 | M2 Money Supply + CD | Jul | |
02:30 | Westpac Consumer Sentiment | Aug | |
03:30 | NAB Business Confidence | Jul | |
05:35 | 30-Year JGB Auction | Aug |