INTEREST COST
Total interest incurred by a borrower over the entire term of a loan. The amount should include any points paid to cut down the interest rate on a loan, since points are basically pre-paid interest. In addition, any negative points or rebates paid by a lender to a borrower should be deducted from the interest cost since they are in effect a refund of future interest the borrower will pay on the loan.
POPULAR TERMS
HIIC
An organization of prominent investors from around the world that gives advices to the Nigerian government on matters regarding the economic develo ...
Bearish Belt Hold
During an ascending trend there is a candlestick pattern that is being formed called bearish belt hold. This is what appears in the pattern: coming ...
Currency Translation
Act of quoting the amount of money denominated in one currency into the value of another currency in the balance sheet. Done using current exchange ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
Managed Currency
A currency whose exchange rate is affected by the intervention of a central bank. It is unlike a currency that is determined by the free-market for ...
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SEE FOREX TUTORIAL
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Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
