BLACK MONDAY
The Dow Jones Industrial Average dropped 508 points or 22% on October 19, 1987, one of the most drastic losses endured by the Dow Jones and the beginning of the global stock market drop. Most of the key exchanges declined more than 20%. Despite the unknown reason for the downfall, DJIA ended positively within the same year.
POPULAR TERMS
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 ...
Confidential Treatment Order - CTO
Order giving confidential treatment for specific documents and information a firm will file. The Securities and Exchange Commission (SEC) issues th ...
Kickback
A bribe or a payment from an individual in business or private sector for a person in the government or politics. It aims to persuade or influence ...
Austrian School
School that was formed in Vienna in 19th century by Carl Menger. It believes that the workings of broad economy is the sum of small actions of some ...
Mumbai Interbank Forward Offer Rate - MIFOR
A rate the Indian banks and other derivative market partaker utilized as a benchmark for fixing prices on the forward rate arrangements and interes ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | NAB Business Confidence | Apr | |
| 05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
| 09:00 | SECO Consumer Confidence | Apr | |
| 14:30 | Building Permits | Mar | |
| 18:45 | SNB Chairman Thomas Jordan Speaks | ||
| 00:45 | Visitor Arrivals | Mar | |
| 01:50 | Domestic Corporate Goods Price Index | Apr | |
| 08:00 | Claimant Count Change | Apr | |
| 08:00 | Average Earnings Index | Mar |
