introduction to global markets
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TRANSCRIPT
Introduction to Global Markets
4 asset classes covered
1. Stocks 2. Forex3. Futures4. Options
s
Then
Now
Forex
Forex
Foreign exchange market1. Measures the value of one
currency in another currency. E.g. USD/CAD, EUR/USD
2. Trades 24 hours a day except weekends
3. Biggest trading volume (daily turnover of 3.98 trillion) of all markets.
Fluctuations
Similar to stocks, forex is affected by many events.
Technicals: chart patterns, volume, RSI.
Fundamentals: countries ‘ economic indicators, political events.
USD/JPY
Famous people
1. George Soros, economist, chairman of Soros Fund Management
2. “The Man who broke the Bank of England”
Most famous for his $1Billion in profits during the “Black Wednesday UK
currency crisis”
GBP/USD
And of course…..USD/SGD
AUD/USD
EUR/USD
Stocks Part of a company Traded on stock exchanges E.g. NYSE, NASDAQ etc.
Berkshire Hathaway
Make a guess!
A contract between a buyer and a seller More than 80% of the futures contracts
trade through the Chicago Mercantile Exchange
Stock index futures Currency futures
Futures
Eurodollar pit
Stock index
Euro
Gold
Crude
Corn
Live cattle
Lots of markets to trade or invest in.
Futures options