LOAN SHARK
An individual or entity who lends money above the established legal rate. They recover it under bodily harm threat or other strong arm strategy. On a normal basis, lenders cannot charge more than 60% interest rate annum, but this depends on where an individual resides. But a loan shark illegally charges interest above a state’s legal limit that usually range up to - or over - 100%.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | New Housing Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 16:00 | Consumer Confidence | Apr | |
| 02:30 | PMI Manufacturing | Apr | |
| 02:30 | Tertiary Industry Index | Apr | |
| 02:30 | PMI Composite | Apr | |
| 08:00 | Public Sector Net Borrowing | Mar |
