Glossary · Fundamentals & economics
Current account
A country’s trade balance plus income and transfers with the rest of the world.
Related terms
Trade balance
Exports minus imports. Persistent surpluses or deficits can…
Bond yields
The return on government bonds. Shifts in the gap between two…
Carry trade
Buying a high-interest currency against a low-interest one to earn…
Central bank
The institution that sets a country’s interest rates and monetary…
Commitment of Traders (COT)
A weekly CFTC report showing how futures traders are positioned.…
Consumer Price Index (CPI)
The main measure of inflation. Higher-than-expected CPI tends to…