GOVERNMENT SHUTDOWN
Closure of all non-essential government offices due to lack of approval on the government programs budget for the fiscal year. Approval is reached once the Congress and the Senate pass all of the spending bills on the federal budget. However, this will shut down many federally run operations, and stop work for federal employees unless deemed essential is no agreement is achieved. Some organizations operate on cash reserves, but once these run out, it will also close if no solution is found. This will take effect until reaching a compromise and passing a budget bill.
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Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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Ethical Investing: Knowing Human Rights and Workers` Rights
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
08:00 | Economy Watchers Survey | Feb | |
08:00 | Economy Watchers Survey | Feb | |
09:00 | Industrial Production | Jan | |
09:00 | Industrial Production | Jan | |
09:00 | Trade Balance | Jan | |
09:00 | Trade Balance | Jan | |
10:00 | SECO Consumer Confidence | Feb |