SHARE DRAFT
Share Draft is a kind of draft. It is used as a way for accessing the funds of an individual account in a credit union. The credit union’s share draft accounts may be compared to personal checking accounts in banks thus share drafts can be matched with bank checks. The shares are the indication of partial ownership in a credit union. Writing the drafts is a process of accessing the partial ownership or shares.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
