FINA 061 Bloomberg Market Concepts complete new update
0 vista 0 veces vendidas
Grado
FINA 061 Bloomberg
Institución
FINA 061 Bloomberg
FINA 061 Bloomberg Market Concepts complete new update material guide
"New news" moves markets. Accordingly, the economic indicators that heralds "new news" are of the most value to traders and investors.
timeliness of release
GDP statistics are typically released by the government a month o...
fina 061 bloomberg market concepts complete new up
Escuela, estudio y materia
FINA 061 Bloomberg
Todos documentos para esta materia (8)
Vendedor
Seguir
EXAMSMART
Comentarios recibidos
Vista previa del contenido
FINA 061 Bloomberg Market Concepts
complete new update material guide
"New news" moves markets. Accordingly, the economic indicators that heralds "new news" are of the
most value to traders and investors.
timeliness of release
GDP statistics are typically released by the government a month or more after the period in question,
by which point dozens of other indicators have been released.
Because GDP statistics are released well after other economic indicators
Nonfarm payrolls, CPI and PMI are published monthly. GDP is only published on a quarterly basis.
GDP
Which economic indicator is most directly linked to unemployment?
nonfarm payrolls
What is the main reason that investment banks create estimates of economic indicators?
to know when specific economic data points are a positive or negative surprise
Which of the following is the biggest pitfall of economic indicators?
1. they do not take into account seasonality
2, they are not sufficiently timely to make investment decisions
3. they only serve as proxys for economic activity
4. they do not consistently presage turning points
they do not consistently presage turning points
In 1994, the Mexican peso declined against the US dollar by 37% during the so-called Tequila Crisis.
What exacerbating factor did Mexico's Tequila Crisis have in common with the Argentine crisis of
2002?
both countries had large dollar-denominated debts
What are 3 examples of failed pegs?
1. British sterling against the Deutsch mark in 1992
2. Mexican peso against the US dollar in 1994
3. Argentine peso against the US dollar in 2002
What is an example of a failed peg?
Hong Kong dollar aginst the US dollar in 1997
Currency market mechanics summary:
-the US dollar equivilent of 5T of currencies are traded every day
-1971 marked the dawn of the modern currency market
-several contries peg their currencies to other currencies
-locked exchange rates are not actually set in stone but are government aspirations
-floating currencies move against one another in a matrix
-the US dollar is the world's reserve currency and is the most heavily traded currency
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMSMART. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $9.89. You're not tied to anything after your purchase.