CURRENCY UNION
Two or more countries share a common currency or agree to peg their exchange rates in order to keep the value of their respective currencies at a specific level. One of its main objectives include synchronizing and regulating every nation’s monetary policy. Also called monetary union.
POPULAR TERMS
Flat Tax
It is a system that applies the same rate to all taxpayers regardless of their income bracket.
Adjusted Mean
Statistical averages that are fixed accordingly intended to catch up on imbalances on the data. Outliers, visible in the data sets will most likely ...
Civil Service Retirement System - CSRS
System establishing the retirement, disability, and survivor benefits for certain Federal employees. The Federal Employees Retirement System (FERS) ...
The Conference Board
Nonprofit business organization researching, collating, and distributing information on management and the marketplace. A widely quoted private sou ...
Financial Economics
A branch of economics that analyzes the use and distribution of resources in markets in which decisions are made under uncertainty. Financial decis ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
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 |
---|---|---|---|
05:00 | Credit Card Spending | Mar | |
14:30 | Industrial Product Price Index | Mar | |
14:30 | New Housing Price Index | Mar | |
14:30 | Raw Materials Price Index | Mar | |
16:00 | Consumer Confidence | Apr | |
02:30 | PMI Manufacturing | Apr | |
02:30 | Tertiary Industry Index | Apr | |
02:30 | PMI Composite | Apr | |
08:00 | Public Sector Net Borrowing | Mar |