LAWFUL MONEY
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver coins, treasury notes, and bonds. Lawful money is different from fiat money because the government assigns the value but has no own value and not backed by Fed. The dollar bills are not considered lawful money. Fiat money refers to legal tender like paper money, drafts, checks, and bank notes. Also called "specie", meaning "in actual form."
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Expansionary Policy
Macroeconomic policy seeking to increase the money supply to stimulate economic development or beat inflation. One type of expansionary policy is f ...
Natural Gas Storage Indicator - EIA Report
The U.S. Energy Information Administration or more commonly known as EIA weekly estimate of working natural gas volumes held in underground storage ...
Objective Probability
It’s a probability in which event will happen based on analysis in which each measure is based on a recorded explanation rather than a subjec ...
Distributing Syndicate
Syndicate made up of a group of investment banks or brokerage firms, working to underwrite and sell an initial public offering (IPO) of securities ...
Equated Monthly Installment - EMI
Fixed payment amount the borrower paid to a lender at a set date every calendar month. It is employed to settle both interest and principal monthly ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Introduction
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Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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09:00 | CPI | Apr | |
11:00 | 10-y Bond Auction | Apr | |
11:00 | Consumer Confidence | ||
14:00 | CPI | Apr | |
14:00 | Harmonized CPI | Apr | |
01:01 | BRC Shop Price Index | Apr | |
01:30 | Unemployment Rate | Mar | |
01:50 | Retail Sales | Mar | |
01:50 | Industrial Production | Apr |