2022-10-24 - Online - Zoom (No country specification) - Leibniz-Institut für Wirtschaftsforschung Halle
We provide evidence for a causal link between the US economy and the global financial cycle. Using a unique intraday dataset, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price indexes of 27 countries, the VIX, and commodity...