FINANCIAL MARKET COURSES
Japanese Equity Market
Receivable Finance (New)
Lending - An Introduction
The Lending Cycle
Commodities - An Introduction (Revised)
Commodities - Trading (New)
Commodities - Livestock (New)
Commodities - Softs (New)
Primer – MiFID II/MiFIR (New)
Understanding Private Wealth Management Business
Private Wealth Management Products & Services
Primer – Smart Beta (New)
Available on iPad and Android tablets as well as desktop
Economic Indicators – National Accounts
The key national accounts figure for the financial markets is usually the percentage change in real GDP in the most-recent quarter, which helps confirm the rate of economic growth. For this reason, GDP is sometimes regarded as the ‘holy grail’ of economic indicators. Because of the detail available in GDP reports, they provide comprehensive information on supply and demand conditions, including information on any imbalances that may be developing over the business cycle.
This course looks at the importance of GDP as an economic indicator for the financial markets. Fundamental concepts and jargon that are key to interpreting national account statistics are explained in detail. The course also describes the general reaction of the various markets to GDP reports.
On completion of this course, you will be able to:
• Recognize the importance of national account statistics to financial market participants
• Interpret the different measures of GDP, with particular emphasis on the reaction of the main financial markets to GDP reports
Topic 1: Fundamentals of National Accounts
• Why are National Accounts Important?
• National Accounts Jargon
• National Accounts – Publication Detail
• National Accounts – Release dates & Revisions
• Effect of Revisions on Markets
Topic 2: Interpreting National Account Statistics
• GDP – Three Different Measures
o GDP Expenditure Measure
o GDP Income Measure
o GDP Output Measure
• Considerations when Using GDP as an Indicator of Economic Activity
o GDP or GNP?
o Informal Economy
o GDP Per Capita
o Adjusting for Inflation
o Growth Rates
o Coincident Indicator
• Market Response to GDP Data
ESTIMATED COMPLETED TIME
Economic Indicators – Business Cycles
Economists and market analysts therefore supplement GDP reports with a number of other economic indicators that are designed to interpret and forecast the business cycle. These indicators – leading, coincident, and lagging – are the focus of this course.
Other Courses In:
Economic & Technical Analysis
Economic Indicators - An Introduction
Economic Indicators - Business Cycles
Economic Indicators - Inflation & Employment
Technical Analysis - An Overview
Technical Analysis - Charting
Technical Analysis - Tools & Techniques
Intuition engages with over 30 accreditation bodies to ensure Know-How can be used for CPE credits. If your organization needs CPE from a body not listed below, contact us and we will endeavour to have them included.
© Copyright 2016 by Intuition. All Rights Reserved.