ODIOUS DEBT
A nation's debt is considered odious debt when the government leaders use borrowed funds in ways that do not benefit its citizens. Many scholars argue that the next governments should not be held responsible for odious debt acquired by earlier regimes. In practice, countries end up paying it to support their ability to borrow at favorable interest rates.
POPULAR TERMS
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 ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
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 |


