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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Exercise Price
Price at which the contract can be exercised, either to purchase (call option) or sell (put option). It is set at the time the option contract is c ...
Doctor Copper
Market jargon for the base metal that is said to have a Ph.D. in economics because of his capacity for predicting turning points in the global econ ...
Special Revenue Fund
Special revenue fund is a government account where the collected money is utilized for the carrying out of a specified project. The special revenue ...
Bandwidth
The transfer capacity of data by a network which is measured through the number of bits per second.
Bear Fund
Mutual fund designed to generate higher profits when the market declines. The fund, normally comprised of funds and mutual funds, employs short-sel ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 18:45 | FOMC Member James Bullard Speaks | ||
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 02:00 | RBA Governor Philip Lowe Speaks | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | May | |
| 10:00 | Current Account (sa) | Apr | |
| 12:00 | CBI industrial order books balance | Jun |
