European central bank which carries out eu is monetary policy.

Was established on june 1, 1998. the ecb headquarters are situated in frankfurt am main, germany. the general council of the european central bank includes representatives of all the eu countries. the ecb is independent from other eu authorities.

Is the development of stable relations among neighbouring countries into unification of economies. this process is usually accompanied by coordinated interstate economic policy.

Assesses current economic conditions in a country.

The theory on the basis of which analysis and forecast of price movement is made. according to the theory, the psychology and behavior of market participants influences financial markets’ trends. it can be identified and serve as a guide in trading decisions.

The secured part of the client account, including open positions, that is bound to the balance and the floating rate (profit/loss) by the following formula: balance + floating + swap, i.e. the funds on the client account minus the current loss of the open positions, plus the current profit of the open positions

Stands for european stability mechanism. it is a joint financial fund of the eurozone countries replacing the two existing eu funding programmes.

Investment funds much like securities which serve as certificates for share portfolio. etf may consist of securities of different companies and share funds. on legal basis, etf is a type of share funds.

Is a rate european banks use to borrow funds from peers for three months.

The price of a nation’s currency in terms of another currency.

Means delivering (or shipping) goods or capital abroad.