Trading Economics : A Guide to the Use of Economic Statistics for Traders Practitioners + Website

A practical guide to understanding how key economic and market statistics drive financial market trendsThe recent global financial crisis stressed the need for economists who understand how key economic and market statistics drive financial market trends and how to mitigate the risks for businesses that those trends affect. Trading Economicsprovides guidance for navigating key market figures in a convenient and practical format. Emphasizing the link between economic data and market movements, this book analyzes surveys, economic growth statistics, inflation, labor markets, international trade, monetary and fiscal indicators, and their relevance in financial markets. It bypasses complex terminology to offer a hands-on, accessible introduction to financial statistics and how to profit from them.Offers clear illustrations and an easy-to-read layout to teach you how to trade profitably in financial markets and minimizes risk for your businessWritten Trevor Williams and Victoria Turton, authoritative public figures with experience working on the New York Stock ExchangeIncludes a website featuring a blog and new surveys as they develop accompanies the bookComplete with worked examples and updated information, Trading Economicsis an essential, comprehensive guide to understanding every aspect of financial market trends and how to navigate them to your advantage. Trevor Williamsjoined Lloyds Banking Group from the UK Civil Service after doing some lecturing. Trevor is currently the Chief Economist at Lloyds Bank, Commercial Banking. He regularly writes articles for publications and appears in the financial press and on television to represent economic views. Trevor is a member of the Institute for Economic Affairs Shadow Monetary Policy Committee, made up of City economists and academics. This is the oldest ‘shadow’ MPC, set up two months after the official MPC began in 1997. He is a visiting Professor, Banking and Finance, Derby University.Victoria Turtongraduated from the universities of Sheffield and Manchester with degrees in History before joining the Bank of Scotland Corporate. She is currently a Senior Copywriter at Editions Financial as well as a freelance writer and editor. She lives in North Yorkshire and is married with two sons.

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Year of publication:	2014 ; 1. Aufl.
Authors:	Williams, Trevor ; Turton, Victoria
Publisher:	[s.l.] : Wiley
Subject:	Website \| Internet

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Extent:	Online Ressource (9071 KB, 288 S.)
Series:	The Wiley Finance Series Wiley Finance Series The Wiley Finance Ser
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record Trading Economics; Contents; Acknowledgements; Introduction; Surprise Indices; The Value of Economic Indicators; Impact on Financial Markets; Tracking the Markets; Tracking Inflation; Mapping a New Landscape; 1 Surveys; Surveys and Behavioural Economics; Types of Survey; Business Surveys; Purchasing Managers Index (PMI); Confederation of British Industry (CBI): Industrial Trends Survey; Bank of England Agents Summary of Business Conditions; Lloyds Bank Business Barometer; The British Chambers of Commerce Quarterly Economic Survey (QES); Consumer Surveys Confederation of British Industry (CBI) Distributive Trades SurveyGfK Consumer Confidence Index; Nationwide Consumer Confidence Survey; Lloyds TSB Spending Power Report; Bank of England/GfK/NOP Inflation Attitudes Survey; Conclusion; 2 Economic Growth; Economic Growth Through the Ages; GDP; What is GDP?; Criticisms of GDP and What It Doesnt Tell Us; Breaking Down GDP; Why is GDP important? How is It Measured?; Measuring GDP Is All in the Volume; Index Numbers of GDP and the Price Deflators Used in Calculating Them; What of the Price Indices Used to Deflate Current Prices to Volume? Detailed Breakdown of the GDP MeasuresIncome; Output; Expenditure; An Example; A Market Link; Components of GDP; Conclusion; 3 Labour Markets; Employment Trends; An Example; What has Driven the Change?; Key Drivers of This Trend; What Does This Tell Us?; Consequences for Economic Growth; Declining Incomes in Real Terms; Uncertain Employment; Consequences and Impact on Economic Growth; Phillips Curve Shows no Durable Trade-Off Exists; NAIRU Matters More; Employment Measures; Why We Measure Unemployment; A Snapshot in Time; Difficulties with the Measure; The Nature of Unemployment The Impact of Demographics on Labour MarketsVacancies; Changing Labour Patterns; The UK in Comparison to Its Global Competitors; How do We Extract Value from This?; Conclusion; 4 Inflation; What is Inflation?; The History of Inflation; Causes of Inflation; Cost-Push Inflation; Demand-Pull Inflation; Built-In Inflation; Earnings/Wage Inflation; Price Basket; How is Price Inflation Measured?; GDP Deflator; Why so Many Measures of Inflation?; A Focus on the CPI and RPI; Why is Inflation Important?; Advantages of Inflation; Disadvantages of Inflation; Deflation; Advantages of Deflation Disadvantages of DeflationOther Measures of Inflation Targeting; How can We Extract Value from This?; Conclusion; 5 Monetary Statistics; Monetary Policy and Inflation Management; Bank of Englands Quarterly Inflation Report and Fan Chart; The UK in a Global Context; Central Banks Role; What About the Bank of England?; How Monetary Policy Works in the UK; Interest Rates; How QE Operates in the UK; The Effects of QE; Decomposition of Money; Physical Stock - Instruments They Are In; Counterparts- i.e. Who Holds That Money?; Why Does Money Supply Matter?; Why is This Sort of Analysis Useful? A Brief History of Monetary Targeting
ISBN:	1-118-76641-5 ; 1-118-76638-5 ; 978-1-118-76638-5 ; 978-1-118-76629-3
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011832001