What determines the impact of macroeconomic news on asset markets?

Georg Strasser

Research Bulletin, 2017, vol. 37

Abstract: The most important determinant of an announcement’s impact on bond markets is its relationship to fundamentals, closely followed by its timing. Information which is imprecise but early can affect markets more than news which is precise but late. JEL Classification: G14, E37, E44, E47, C53, D83

Keywords: forecasting; learning; Macroeconomic announcements; price discovery (search for similar items in EconPapers)
Date: 2017-07
Note: 1137785
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