OUTPUT GAP
An economic measure of the difference between the actual output of an economy and the output it could achieve when it is most efficient, or at full capacity. There are two types of output gaps: positive and negative. A positive output gap occurs when actual output is more than the full-capacity output. Negative output gap occurs when actual output is less than full-capacity output.
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Harmonic Average
Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Blank Endorsement
Endorsement permitting any instrument holder to possess a claim for payment. Since it indicates no payee, it converts the instrument into a bearer ...
Mirror Trading
A forex strategy which allows investors to duplicate the forex trading behavior of veteran and successful investors around the world. Developed in ...
Jobless Recovery
An economic recuperation after a recession, where the economy improves in general but the unemployment rate is increasing or remains high over a pr ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Capital Spending | 4 quarter | |
| 02:00 | MI Inflation Gauge | Feb | |
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 03:45 | Markit Final Manufacturing PMI | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 09:30 | Retail Sales | Jan | |
| 10:15 | PMI Manufacturing | Feb |
