ROUND-TRIP TRADING
An action that attempts to inflate transaction volumes through the continuous and frequent purchase and sale of a particular security, commodity or asset. Round-trip trading can be used to refer to the practice of a business selling an unused asset to another company while agreeing to buy back the same asset for about the same price. This type of market manipulation has been seen in the energy and telecom business.
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Convertible Currency
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Transfer-for-Value Rule
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
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Fixed interest rates.
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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 |
