GNOMES OF ZURICH
Colloquial and disparaging term denoting Swiss bankers. In 1964, politician George Brown conceived the term in a meeting over the swiftly dropping of the sterling’s value which was part of a currency crisis. British labor ministers believed the foreign exchange speculation activities of Swiss banks caused its devaluation. The term was used again in 2010 when the global financial crisis pressed financial instability in Europe.
POPULAR TERMS
Systematic Withdrawal Plan - SWP
Mutual fund service providing a given payout amount to the shareholder at preset intervals, normally monthly, quarterly, semiannually, or annually. ...
Respite Care
Short-term care of a few hours or weeks of the sick or disabled to provide relief, to the regular caregiver, usually a family member.
SEC Form N-54C
SEC Form N-54C is a filing used to withdraw a voluntary election to be regulated as a business development company to be submitted by an investment ...
Condor Spread
Options strategy comprised of a bear and a bull spread but has different strike prices that aims to earn limited profits with a small amount of ris ...
Economic Cycle
Natural fluctuation of the economy between the periods of growth and recession. The stage of the economic cycle at present can be determined by loo ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 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 |
