TEQUILA EFFECT
Colloquial term for the impact of the Mexican economic crisis on the South American economy in 1994. The Mexican peso suddenly devalued, causing other currencies in the region to drop. The declining peso was propped up by $50 billion loan granted by former US President Bill Clinton. Also called Mexican Shock.
POPULAR TERMS
Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
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 |