INTEREST RATE
The amount charged by a lender to a borrower for using assets. Expressed as a percentage of principal, these are usually noted on an annual basis, known as the annual percentage rate (APR). Assets can include cash, consumer goods, or large assets such as building or vehicle. In essence, interest is a rental or leasing charge to a borrower for using an asset. For a large asset such as building or vehicle, this is called lease rate. When the borrower is a low-risk party, they will normally be charged a low interest rate. Conversely, if the borrower is a high-risk party, the rates will be charged higher.
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Pacific Exchange - PCX
PCX was one of the four United States exchanges to trade equity options and also the first to implement an electronic trading system. This exchange ...
Cyber Monday
Expression in online retailing which describes the Monday after the Thanksgiving weekend in the United States. It is generally perceived as the beg ...
SEC Form 305B2
SEC Form 305B2 is an initial statement filed with SEC as an application for the designation of a new trustee under the Securities and Exchange comm ...
Silver Standard
Silver standard is is a monetary system wherein the government of a particular country permits the free conversion of the country into silver that ...
Corporate Kleptocracy
Slang phrase for greediness of company executives who use underhanded tactics to skim money of shareholders. The buzzword becomes popular after for ...
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SEE FOREX TUTORIAL
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Retail Sales | 1 quarter | |
| 00:45 | Visitor Arrivals | Apr | |
| 01:01 | Rightmove House Prices | May | |
| 01:50 | Trade Balance | Apr | |
| 05:00 | Credit Card Spending | Apr | |
| 16:30 | Leading Index (Conference Board) | Mar | |
| 17:30 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:05 | FOMC Member Patrick T. Harker Speaks | ||
| 23:30 | FOMC Member Neel Kashkari Speaks |
