TEQUILA EFFECT
Colloquial term for the impact of the Mexican economic crisis on the South American economy in 1994. The Mexican peso suddenly devalued, causing other currencies in the region to drop. The declining peso was propped up by $50 billion loan granted by former US President Bill Clinton. Also called Mexican Shock.
POPULAR TERMS
Order Audit Trail System - OATS
The National Association of Security Dealers created this system to record information relating to quotes, orders and other related trade informati ...
Delaware Corporation
A legally registered corporation in the state of Delaware that can conduct business in any states. Delaware first began to adapt its laws in the la ...
Quote Driven Market
An electronic stock exchange system in which prices are determined from bid and ask quotations made by market makers, dealers or specialists. In a ...
Yield Pickup
Yield Pickup refers to the additional rate of interest that an investor gets for selling a lower-yielding bond in return for a bond with a higher y ...
Non-Contestability Clause
A provision in a person's will designed to stop beneficiaries from contesting the will. The provision states that if beneficiaries try ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Jan | |
| 10:00 | SECO Consumer Confidence | Jan | |
| 11:30 | Sentix Investor Confidence | Feb | |
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 01:30 | Westpac Consumer Sentiment | Feb | |
| 01:50 | M2 Money Supply + CD | Jan | |
| 02:01 | BRC Retail Sales Monitor | Jan | |
| 02:30 | NAB Business Confidence | Jan | |
| 08:00 | Prelim Machine Tool Orders | Jan |
