SWAP NETWORK
Global network of central banks creating a reciprocal credit line relationship to temporary swap currencies. The network aims to give every bank the opportunity to exchange a set amount of one another’s currencies simultaneously in order to stabilize its own currency and improve liquidity conditions. Normally, repayment periods last for three months but debt holders can prolong the terms. Also called currency swap line or temporary reciprocal currency arrangement.
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Sticky-Down
Tendency of a price to climb easily but is resistant to downward movement. An extension of price stickiness, this may occur because of imperfect in ...
SaaS
Software as a service (SaaS) is a software licensing model. This software uses the subscription system in giving access as it is in external server ...
Core Capital
Minimum amount of capital a thrift bank must have, in compliance with the Federal Home Loan Bank regulations. It is comprised of equity capital and ...
Michael L. Eskew
Retired Chairman and Chief Executive Officer of United Parcel Service, Inc. from 2002 to 2007. The company offers specialized transportation and lo ...
Commercial Credit
Pre-approved amount of money issued by a bank to a firm, which is accessible at any time to help comply with financial obligations. It is commonly ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
