Term of the day
Clearing
Procedure in which an organization serves as an intermediary and takes the role of a buyer and seller in transactions to facilitate orders between parties.
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Collateralized Bond Obligation - CBO
Investment-grade bond supported by a pool of high-yield junk bonds. Normally, junk bonds are not investment-grade but they give enough diversificat ...
Production Externality
Production costs that have to be paid by someone other than the producer of a good or service. Production externalities are usually unintended and ...
Casino Finance
Colloquial term for an investment strategy which is categorized as extremely risky. This pertains to casinos and gambling in which players may have ...
Zero Prepayment Assumption
Zero Prepayment Assumption refers to the supposition that the scheduled principal and interest would be paid without installments. This is usually ...
Peer Perform
Analysts use this investment rating when given security is expected to provide returns that are consistent with those of other companies within its ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | FOMC Member Jerome Powell Speaks | ||
| 02:30 | PMI Manufacturing | May | |
| 03:30 | ANZ Jobs Advertisements | May | |
| 03:45 | Markit Final Manufacturing PMI | May | |
| 08:00 | Retail Sales | Apr | |
| 08:00 | Nationwide House Price Index | May | |
| 08:30 | Commodity Prices | May | |
| 08:30 | Retail Sales | Mar | |
| 09:00 | Gross Domestic Product | 1 quarter |


