MONEY MARKET
A portion of the financial market where financial instruments with high liquidity and very short maturities are being traded. It comprised of short-term securities such as negotiable certificates of deposit (CDs), banker’s acceptances, Treasury bills, commercial papers, municipal notes, federal funds, and repurchase agreements (repos). In general, these are very safe investments which yields a relatively low interest rate that is most suitable for temporary cash storage or short-term time horizons. Bid and ask spreads are quite small due to the huge size and high liquidity of the market.
POPULAR TERMS
Liquidated Damages
The provision in a written agreement or legal contract that allows paying the total amount of compensation in the event a party breaches some part( ...
Uptrend
Uptrend is the general upward direction of a financial assets’ price movement. If the successive peak and trough is higher than the previous ...
Dogecoin
Decentralized, peer-to-peer open source virtual currency under the category of altcoins. Introduced in 2013, the cryptocurrency’s logo is a S ...
Debt Relief
The reorganization of debt in any shape or form, so as to provide the indebted party with a measure of relief, either fully or partially, from a hu ...
International Currency Exchange Rate
Rate at which two currencies can be converted to another. It reflects the amount of one unit of a currency that can be exchanged for another curren ...
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SEE FOREX TUTORIAL
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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: Everybody’s Goal
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A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Commodity Prices | Sep | |
| 02:30 | Tertiary Industry Index | Sep | |
| 02:30 | PMI Composite | Sep | |
| 07:00 | Consumer Confidence | Sep | |
| 09:15 | PMI Services | Sep | |
| 09:15 | Composite PMI | Sep | |
| 09:45 | PMI Services | Sep | |
| 09:45 | PMI Composite | Sep | |
| 09:50 | PMI Services | Sep |
