Loderer, Claudio; Mittermayer, Marc-André - In: Swiss Journal of Economics and Statistics (SJES) 142 (2006) I, pp. 79-114
on Wall Street. According to the results, the SWX reacts strongly when U.S. macroeconomic news relevant to Wall Street is … disclosed. Moreover, SWX traders seem to wait with anticipation for the Wall Street opening. And they appear to overreact to … what happens on Wall Street, although this overreaction is too weak to imply a profitable trading strategy. …