Term of the day
In Sight
Deliverable grades of commodities in futures contracts that are held in approved delivery establishments close to terminals, production areas, or centralized locations. When a commodity is considered in sight, contract holders ...
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Applied Overhead
Under the method of cost-accounting, it records applied overhead which is the fixed charge to a department in a company or specific job production. ...
Currency Substitution
Replacing the domestic currency with a foreign currency in a transaction. Governments and citizens of developing nations have used foreign currenci ...
Black Tuesday
The Dow Jones Industrial Average lost 12% or over 16 million shares in a panic selloff on October 29. 1929.
Deductible
An amount subtracted from an individual's adjusted gross income to reduce the amount of taxable income. The amount you have to pay out-of-pocke ...
Jeffrey Sachs
An American economist and Director of the Earth Institute. Sachs also teaches sustainable development and health policy and management at Columbia ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
