TAILIEUCHUNG - Lecture Principles of money, banking, and financial markets (12th edition): Chapter 29 - Ritter, Silber, Udell

Chapter 29 - Tying it all together. In this chapter you will learn to understand the role of economic indicators and their importance to financial markets, realize the complexities of modern financial markets and their importance to the economy. | Chapter 29 Tying It All Together Copyright © 2009 Pearson Addison-Wesley. All rights reserved. Learning Objectives • Understand the role of economic indicators and their importance to financial markets • Realize the complexities of modern financial markets and their importance to the economy Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-2 Introduction • This chapter ties all the concepts together – – – – Markets and instruments Banks Central banking Monetary theory • Discussion of the key economic indicators and how these influence securities prices Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-3 1 The Economic Indicators • Economic indicators measure economic performance • Some indicators are very important – GDP growth, unemployment and inflation – These embody the ultimate objectives or goals set by the Federal Reserve • However, other economic indicators are more focused on specific measures and provide insight into how the economy is performing Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-4 The Economic Indicators (Cont.) • Table and Figure – Lists and displays the most important economic indicators with the source of the data and frequency of release – These indicators can also influence the price movement of stocks and bonds – Because of the importance of indicators, traders know exactly when these indicators will be released Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-5 TABLE Key economic indicators. Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-6 2 FIGURE Selected economics indicators. Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-7 FIGURE Selected economics indicators. (Cont.) Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 29-8 The Economic Indicators (Cont.) • Table (Cont.) – Understanding how the market reacts to a particular indicator requires a two-step .

• Ngân hàng - Tín dụng
• Financial markets
• Financial institutions
• Monetary policy
• International finance
• Monetary theory
• Lecture Financial markets
• Thị trường tài chính
• Financial futures markets
• Valuation of financial futures
• Interest rate futures
• Lecture Financial markets and institutions
• Financial institutions markets
• Capital markets
• Money markets
• Derivative securities markets
• Futures markets
• Option markets
• Swap markets
• Foreign exchange derivative markets
• Bank management
• Types of Financial Markets
• Securities traded
• Valuation of securities
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Commercial banks
• Financial statements
• Risks at financial institutions
• Market risk
• Exchange rates
• Economics 252
• Efficient markets
• Excess volatility
• Efficient Markets Hypothesis
• Interest rate derivative markets
• Interest rate swaps
• Mortgage backed securities
• Globalization of mortgage markets
• Financial markets and institutions
• The financial system
• Interest rates change
• Financial markets efficient
• Term structure affect interest rates
• The stock market
• The mortgage markets
• The international financial system
• Financial regulation
• Interest rate fundamentals
• Interest rates
• Security valuation