Macroeconomic Indicators and Financial Markets

ABOUT THE COURSE

The specific impact of changes in the key variables on equity, bond, foreign exchange and property markets is reviewed as well as analysis of phenomena such as business cycles. The course also incorporates analysis of the global political landscape and its implications for macroeconomics and securities markets.

WHO SHOULD ATTEND?

• Who should attend?
• Financial analysts
• Risk managers
• Economists
• Quantitative analysts
• Pension Fund Managers
• Corporate treasurers
• Investors
• New financial markets employees

Duration
Two days

Learning Objectives

At the end of the course delegates should have a broad understanding of the following subject areas:

• Review of main macroeconomic indicators and their importance
  • Gross Domestic Product and economic growth
  • Interest rates and the time value of money
  • Money supply and asset prices
  • Trade balances and foreign exchange
  • Inflation: sources and impact on real value of future cash flows

• Socio-political factors
  • Demographics
  • Global political landscape

• Impact of changes in macroeconomic variables on markets
  • Equities: global demographics and local GDP growth
  • Bonds: interest rate dynamics and inflation risk
  • Foreign exchange: trade balances and relative interest rates
  • Property markets: inflated values from “Quantitative Easing”

• Business cycles and their effect on global security markets
  • Short-term and long-term business cycles
  • Investment strategy given anticipated inflection points

Prerequisites

The course provides comprehensive coverage of key macroeconomic concepts and their relationship with financial markets, but a basic understanding of each would be an advantage.