TRANSFERABLE LETTER OF CREDIT
Irrevocable letter of credit allowing the beneficiary to assign part or all of the credit available to another party. The primary beneficiary accepts the credit from the bank, then the issuing bank can only transfer this credit upon the primary beneficiary’s approval.
POPULAR TERMS
Bilateral Tax Agreement
A bilateral tax agreement can improve the relations between two countries, encourage foreign investment and trade, and reduce tax evasion. Arrangem ...
Dow Jones Sustainability United States Index
Market capitalization-weighted index encompassing US-based firms in the Dow Jones Sustainability North America Index, comprised of the leading 20% ...
Sample
Sample is a subset consisting of the characteristics of a larger population.
Weak Longs
Weak Longs refer to a group of investors holding a long position and exits that position once the first sign of weakness appears.
Basis Grade
To be applied as the absolute of a futures contract, the basis grade is the least possible acknowledge standard that a transferable goods must meet ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 10:00 | Trade Balance | Mar | |
| 16:00 | NAHB Housing Market Index | May | |
| 22:00 | TICS | Mar | |
| 00:45 | Producer Price Index | 1 quarter |


