LOAN LOCK
The act of securing a certain interest rate on a mortgage loan still for approval. Loan lock sets the interest rate a borrower needs to pay as long as the loan stops before the end of lock period, which usually lasts for 30 to 60 days. But in markets where the processing is slow, it can last for about 90 days.
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Sir Allen Stanford
Sir Allen Stanford is a former banker. He is most famous for undergoing investigation due to allegations of securities fraud that involved $8 billi ...
Cost Accounting
Accounting process seeking to know a firm’s production costs by determining and evaluating the input costs of every production step, as well ...
Book Runner
The lead manager in the issuance of new equity, debt or securities instruments. More than one book runner can manage a security issuance, in which ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Shadow Banking System
The Shadow Banking System is the financial intermediaries that are present in the facilitation of the creating credit across the global financial s ...
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SEE FOREX TUTORIAL
An Introduction to MetaTrader 4 and MetaTrader 5
Metatrader 4 (MT4)
Metatrader 4 (MT4) is a prominent trading platform among online brokerage firms developed by MetaQuot ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Aug | |
| 08:00 | PPI | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:15 | BOC Senior Deputy Governor Carolyn Wilkins Speaks | ||
| 16:30 | Leading Index (Conference Board) | Jun | |
| 17:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:00 | ECB's Jens Weidmann Speaks | ||
| 00:00 | RBA Governor Philip Lowe Speaks | ||
| 00:45 | Visitor Arrivals | Jul |
