Education · Trade News Decoded

Decode the Markets

A trader’s encyclopedia written in plain language: terms from our morning briefs, explained briefly and with real market examples.

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Start here: the basics in 10 minutes

Read: 0 of 3

  1. 1Interest ratesthe price of money · 4 min
  2. 2FedFederal Reservewho sets US rates · 4 min
  3. 3CPI inflationConsumer Price Indexa price thermometer · 3 min

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Most frequent in our briefs

  • Interest rates90 of 92
  • Brent and WTI crude88 · soon
  • Fed88 of 92
  • Bond yields80 · soon
  • CPI inflation65 of 92
  • Hawks and doves63 · soon
  • YoY and MoM61 · soon
  • Basis points54 · soon

In how many of our 92 briefs (6 Jul–19 Oct 2026) the term appears.

Term of the day

Changes every day Interest rates: the price of money that drives loan repayments, savings rates and exchange rates. Decode more →

By type

Market concepts

Interest ratescoming soon: bond yields, hawks and doves, basis points

Institutions

Fedcoming soon: FOMC, ECB, Bank of Japan

Indicators

CPI inflationcoming soon: core inflation, PCE, core PPI, PMI, NFP