MEDIUM OF EXCHANGE
A commodity, currency, or financial instrument used to facilitate selling, purchasing, and trading products and services between parties. Currency is the medium of exchange in the economy today.
POPULAR TERMS
Call Ratio Backspread
A very powerful investment plan that mixed options to make a spread with mixed profit potential and limited loss potential. It is usually made by m ...
Federally Guaranteed Obligations
A debt backed by the United States government full power. It’s considered to be risk-free as it is assured by the full faith and credit of th ...
Scattergraph Method
Scattergraph Method is used to estimate and budget for future costs. It employs the use of visual techniques on semi-variable expense also known as ...
Publication
It is an annual publication by the American Institute of Certified Public Accountants. Its purpose it to update or to inform all the accountants on ...
Common Pool Resource - CPR
Resource benefiting a group of individuals, but diminishes benefits to evert should each of them pursue his own self-interest. The CPR’s valu ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 07:00 | Leading Indicators | Jul | |
| 08:00 | Industrial Production | Jul | |
| 09:00 | Foreign Currency Reserves | Aug | |
| 09:00 | Unemployment Rate | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 11:00 | GDP revised | 2 quarter |
