RENOUNCEABLE RIGHT
An offer by a corporation to shareholders to buy more share of stock of the corporation.
POPULAR TERMS
Marketweight
A credit rating system assigned to fixed income assets. The rating system gives a subjective estimate of the present credit card’s accuracy a ...
Authorized Forex Dealer
Financial institution that has an authorization from authority to be a dealer of foreign money.
Price-Weighted Index
A stock index where each stock influences the index in proportion to its price per share. The index value is generated by adding the prices of each ...
New Fund Offer - NFO
This is a security offering where investors may buy units of a closed-end mutual fund. A new fund offer occurs when a mutual fund is launched, allo ...
Harmonic Average
Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
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SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
