COX-INGERSOLL-ROSS MODEL - CIR
Mathematical formula used to peg interest rate movements driven by the only source of market risk. The model stipulates short-term interest rates can be described through square root diffusion model with a mean reversion. It is frequently used in valuing interest rate derivatives. The CIR was developed by John C. Cox, Jonathan E. Ingersoll, and Stephen A. Ross in 1985.
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Tip From a Dip
Advice from an individual who claims to have an inside information but actually does not have the details. Also called tipster or tipper.
Allied Lines
An allied line is any kind of a property-casualty insurance that is related close to fire insurance coverage. A standard fire insurance policy has ...
Unemployment
Unemployment occurs when a person who is actively seeking for a job is unable to find one.
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Crystallization
Process of selling and purchasing stocks almost at the same time in order to either escalate or decrease book value. Several investors and firms em ...
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Principles of Trading: Introduction
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:00 | MI Inflation Gauge | Mar | |
02:00 | ANZ Business Confidence | Mar | |
02:30 | Private Sector Credit | Feb | |
03:30 | PMI Manufacturing | Mar | |
03:30 | Non-Manufacturing PMI | Mar | |
07:00 | Housing Starts | Feb | |
08:00 | Retail Sales | Feb | |
08:00 | Import Price Index | Feb | |
10:30 | Mortgage Approvals | Feb |