Munich Personal RePEc Archive

Impact of the domestic and the US macroeconomic news on the Romanian stock market

Stefanescu, Razvan and Dumitriu, Ramona and Nistor, Costel (2011): Impact of the domestic and the US macroeconomic news on the Romanian stock market. Published in: Vanguard Scientific Instruments in Management 2011 , Vol. 1(4)/2, (8. September 2011): pp. 29-34.

[img]
Preview
PDF
MPRA_paper_41623.pdf

Download (73kB) | Preview

Abstract

This paper explores the effects of domestic and US macroeconomic announcement on the Romanian stock market. We found that some domestic macroeconomic announcement linked by the monetary policy had a consistent influence on the stock prices evolution. We also identify that some US macroeconomic news have a significant impact on the Romanian stock exchange, a fact explained by the linkages between the Romanian stock market and the international financial markets.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.