Exchange rates, oil prices and world stock returns
This paper examines responses of 14 major currency/USD pairs to two global factors (oil and world equity returns)from January 1999 to July 2017, a period comprising the global financial crisis and oil price boom and collapse. With global equity markets advancing, risk tolerance increases and oil and...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier Ltd
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |