The Economist Guide to Financial Markets (6th Ed): Why they exist and how they work (Economist Books)

By Marc Levinson

Extensively revised and up-to-date following the fallout from the worldwide monetary main issue, the sixth version of this extremely popular booklet brings the reader correct up to the mark with the newest monetary industry advancements, and gives a transparent and incisive consultant to a posh global that even those that paintings in it usually locate demanding to understand.

In chapters at the markets that take care of cash, foreign currency, equities, bonds, commodities, monetary futures, recommendations and different derivatives, the e-book examines why those markets exist, how they paintings, and who trades in them, and provides a run-down of the standards that have an effect on costs and rates.

Business historical past is affected by mess ups that happened simply because humans concerned their enterprises with monetary tools they did not competently comprehend. in the event that they had had this ebook they could have kept away from their error. For somebody wishing to appreciate monetary markets, there is not any greater guide.

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