LAND FLIP
A fraudulent act in the real estate industry whereas a group of people will buy an undeveloped piece of land and increase its value above the actual value. This illegal practice happens when mendacious buyers purchase a parcel of land for a certain price; then they resell the land at a highly inflated price in every transaction. When the property’s value declines to its original market value, the buyer will not be able to recoup from its own sale of the land.
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Medicare Wages
An individual’s earnings which are subject to US payroll tax known as Medicare tax. Like the other US payroll tax, Medicare tax is used to su ...
Bear Put Spread
When an option trader is anticipating for a diminish in the price of the underlying asset, they use a kind of options tactics which is called bear ...
SOSLP
Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP) is a survey accomplished quarterly by 75 banks composed of 53 domestic and 23 ...
Bond Futures
Contract requiring the holder to buy or sell a bond at a specified date and price. It can be acquired in the futures exchange market but is inheren ...
Inter-American Development Bank - IDB
Cooperative development bank that develops the economic situation and social health of its Latin American and Caribbean member countries. Owned by ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | Federal Budget Balance | Jun | |
| 00:00 | NZIER Business Confidence | 2 quarter | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 02:30 | Westpac Consumer Sentiment | Jul | |
| 03:30 | NAB Business Confidence | Jun | |
| 04:31 | Trade Balance | Jun | |
| 06:30 | Industrial Production | May | |
| 08:00 | Wholesale Price Index | Jun |


