Commodity Market Contagion Under Uncertainty - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Commodity Market Contagion Under Uncertainty write by Gazi Salah Uddin. This book was released on 2018. Commodity Market Contagion Under Uncertainty available in PDF, EPUB and Kindle. This study explores the economic and financial effects of uncertainty on the commodity market integration. This issue is important from the perspective of financialization versus hedging strategy, as the commodity market plays an important role in this context. We consider the eight major developed equity markets and three major sectors of the commodity futures markets including energy, metals and agriculture, and several sources of uncertainty. To this end, we use the panel smooth transition regression (PSTR) to capture the heterogeneity in the regression coefficients that vary across individuals and over time. Our main findings indicate a significant effect of uncertainty on the commodity markets in the two “extreme regimes” of the financial market (recessions and booms), and the sign of this effect is heterogeneous depending on the type of commodity and the source of uncertainty.
Risk Factors And Contagion In Commodity Markets And Stocks Markets
Risk Factors And Contagion In Commodity Markets And Stocks Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Risk Factors And Contagion In Commodity Markets And Stocks Markets write by Stephane Goutte. This book was released on 2020-04-28. Risk Factors And Contagion In Commodity Markets And Stocks Markets available in PDF, EPUB and Kindle. The link between commodities prices and the business cycle, including variables such as real GDP, industrial production, unemployment, inflation, and market uncertainty, has often been debated in the macroeconomic literature. To quantify the impact of commodities on the economy, one can distinguish different modeling approaches. First, commodities can be represented as the pinnacle of cross-sectional financial asset prices. Second, price fluctuations due to seasonal variations, dramatic market changes, political and regulatory decisions, or technological shocks may adversely impact producers who use commodities as input. This latter effect creates the so-called 'commodities risk'. Additionally, commodities price fluctuations may spread to other sectors in the economy, via contagion effects. Besides, stronger investor interest in commodities may create closer integration with conventional asset markets; as a result, the financialization process also enhances the correlation between commodity markets and financial markets.Our objective in this book, Risk Factors and Contagion in Commodity Markets and Stocks Markets, lies in answering the following research questions: What are the interactions between commodities and stock market sentiment? Do some of these markets move together overtime? Did the financialization in energy commodities occur after the 2008 Global Financial Crisis? These questions are essential to understand whether commodities are driven only by their fundamentals, or whether there is also a systemic component influenced by the volatility present within the stock markets.
Mastering Uncertainty in Commodities Trading
Mastering Uncertainty in Commodities Trading - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Mastering Uncertainty in Commodities Trading write by Alex Krainer. This book was released on 2016-06-07. Mastering Uncertainty in Commodities Trading available in PDF, EPUB and Kindle. This book condenses the author's two decades of broad research into the key aspects of speculation in financial and commodity futures markets. It investigates questions such as: - What are the risks and opportunities in trading futures? - Can we learn enough about market fundamentals to have an edge? - Why do most market professionals by far underperform market benchmarks? - Why do so many speculators ultimately lose? - Can economics help us overcome uncertainty? Can quantitative analysis? - Do markets move in trends? - Can trends be exploited to consistently outperform market benchmarks? - Can trend following generate value for hedgers? - What can nature teach us about mastering uncertainty and risk? This book, woven together with the author's personal story of discovery from a humble assistant at an oil trading company to a hedge fund manager, delves deep into these and many more questions. More importantly, it provides concrete and definitive solutions as well as the results of putting those solutions to the test against the global commodity and financial markets. A promise: the material is concise, non-technical and fluff-free.
dealing with commodity price uncertainty
dealing with commodity price uncertainty - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook dealing with commodity price uncertainty write by Panos Varangis. This book was released on 1996. dealing with commodity price uncertainty available in PDF, EPUB and Kindle.
Three Essays on Commodity Markets Under Uncertainty
Three Essays on Commodity Markets Under Uncertainty - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Three Essays on Commodity Markets Under Uncertainty write by Marko Pekka Lehtimäki. This book was released on 1999. Three Essays on Commodity Markets Under Uncertainty available in PDF, EPUB and Kindle.
