OIL RESERVES
Oil reserves are the estimated amount of crude oil found in a specific economic region. Oil reserves should have the potential of being extracted under present technological restraints. If oil pools are situated at unachievable depths, they would not be considered part of the nation's reserves.
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Take-Home Pay
Pay received by an individual from working after adding bonuses and subtracting employment taxes, cost of benefits, and retirement contributions. I ...
Redemption Fee
This is the commission charged to in individual when he or she sells in investment, such as an annuity or a mutual fund. Redemption fee is intended ...
Catalyst
Something causing or initiating a significant event to happen such as news and information. Initially, it used to pertain to a reaction in chemistr ...
Optimal Currency Area
The geographic area in which a single currency would create the greatest economic benefit. While traditionally each country has maintained its own ...
Advance Canvass
A technique employed by companies to gain a “buzz” in advance of a promotional campaign or a new product launch, by paying a visit to r ...
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SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
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 ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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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 ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
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 |


