TIME DRAFT
Foreign check, backed by the issuing bank, that is payable at a fixed date in the future. This short-term credit is used for funding transactions of goods in international trade. Buyers can defer payment after receiving shipment of exported products.
POPULAR TERMS
Forward Delivery
The delivery of an underlying asset at the agreed date in a forward contract. A forward delivery basically means that one party will supply the und ...
Against All Risks - AAR
An insurance policy which covers all types of damage or loss rather those particular ones. The against-all-risks policy can still include exclusion ...
Mechanism Design
A branch of microeconomics which examines how businesses and institutions can attain desirable economic or social outcomes, given the limitations o ...
Return
Return is the gain or loss a security has made in a certain period. It consists of the income and capital gains, and is typically quoted as percent ...
Reverse Exchange
A property exchange in which the replacement property is acquired first, and then the current property is traded away. A reverse exchange was creat ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
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.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |


