LONDON INTERBANK BID RATE - LIBID
The average interest rate at which major London banks are willing to borrow Eurocurrency deposits from other key banks. LIBID is calculated through surveying five major London banks to determine the interest rate they are taking to borrow huge eurocurrency deposits.
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Noncurrent Liabilities
An obligation which is not required to be fulfilled within 12 months of the balance sheet date. It is also known as long term liability.
Stub Quote
Order to buy or sell a stock above the stock’s market price. Trading companies use these quotes when they don’t want to trade at specif ...
Privately Owned
A company or firm that is not traded publicly on a securities exchange.
Love Money
Capital or seed money given to entrepreneur, from family and friends, in order to start a business. The decision to loan money and the terms of the ...
UGX
Ugandan Shilling is the national currency of Uganda and is designated with the abbreviation UGX.
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SEE FOREX TUTORIAL
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
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 ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 07:00 | Leading Indicators | Feb | |
| 08:00 | Halifax House Price Index | Mar | |
| 08:00 | Industrial Production | Feb | |
| 08:00 | Trade Balance | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 11:00 | Retail Sales | Feb | |
| 21:00 | Consumer Credit | Feb |
