International Markets

Dear All,

I would like you to read Chapter 9 & 10 from your books, as they closely link together.

Here are the main points of Chapter 9:
1. International Capital Markets, its purpose and reasons for growth.
2. World Financial Centres.
3. Main concepts: bond market, equity market, Eurocurrency market.
4. Foreign Exchange Market.
5. How quote (convert) currencies.

 & 10:
1. How exchange rates influence business.
2. Factors affecting exchange rates & forecasting (general knowledge only!)
3. History of International Monetary System + recent crises.


While you do not need to bring laptops for our Wednesday class, do have them on Friday.

Many thanks
Ursula