What is the Producer’s Price Index?

Producers Price Index Definition. The Producer Price Index, or “PPI”, is the Department of Labor’s index of goods categorized by industry type and by the particular stage of an item’s production. Among these categories are raw materials, goods in various phases of production, and finished goods. The index measures average changes in prices received by domestic producers for their output, and as such, it is one of many indices that provide evidence that price inflation or deflation is occurring.

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What is the G8?

G8 Definition. The G8, or Group of Eight, is a forum of developed countries assembled by France in 1974 for the governments of eight nations of the northern hemisphere to discuss significant matters of state and the global economy. These countries are the world’s eight largest industrial market economies and are the United States, Germany, Japan, France, the United Kingdom, Canada, Italy, and Russia. Previously known as the G7 and sometimes expanded to G10 or G20.

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What is the CME Group?

CME Group Definition – The CME Group is the world’s largest futures exchange, which includes the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), and New York Mercantile Exchange (NYMEX). CME Group was created July 12, 2007 from the merger between the CME and the CBOT. On March 17, 2008, it announced its acquisition of NYMEX Holdings, Inc., parent company of the New York Mercantile Exchange, which was formally completed on August 22, 2008. On February 10, 2010, CME announced its purchase to buy 90% of the Dow Jones’s Indexes including the DJIA. CME Group owns 5 % of BM&F Bovespa, the São Paulo stock exchange and BM&F Bovespa owns 5% of CME Group.

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The Bank of England (BoE)

Founded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Thread needle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.

The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the whole of the United Kingdom. It was established in 1694 to act as the English Government’s banker, and its structure and operation have become the model on which most modern, large central banks have been based. The Bank’s Monetary Policy Committee has the sole responsibility for managing monetary policy of the country and for setting the official interest rate.

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What is Historical Volatility?

Historical Volatility Definition. Historical Volatility is a method of calculating volatility of an underlying asset price, or relative value for a currency pair, over a measured period in the past. It can used to evaluate if implied volatility of a futures option is expensive by historical standards. There are basically two ways to consider volatility. The first way is to calculate the standard deviation in a series of rate changes that have already occurred in the past.

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