PERMANENT OPEN MARKET OPERATIONS - POMO
POMOs are used by Fed to either add to or drain the capital reserves available in the banking system.
POPULAR TERMS
GMD
ISO 4217 abbreviation for Gambian dalasi, official currency of Gambia. Introduced in 1971, it replaced the former national currency, the Gambian po ...
Breakeven Tax Rate
Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
Beating The Gun
An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
It is an act that was signed in February 2009 by US President Barack Obama. This act was initiated to respond to the country’s weak economic ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 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 |
