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The impact of the Euro on financial markets and their participants

Title: The impact of the Euro on financial markets and their participants
Category: Business & Economy / Global Economy
Details: Words: 2956 | Pages: 12.6 (approximately 235 words/page)


The impact of the Euro on financial markets and their participants

This essay is intended to evaluate the impact of the European single currency since its inauguration on 1st January 1999. In part a) I will identify and explain the impact of the Euro since its introduction on the foreign exchange, bond, equity and Eurocurrency markets. Part b) will concentrate on the implications of change on differing groups of participants or potential participants in these markets. PART A The Foreign Exchange Market The disappearance of 12 sovereign currencies and the increased mergers and acquisition between Euro zone banks …showed first 85 words of 2956 total

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showed last 85 words of 2956 total…http://www.worldbank.org/ - last accessed on 27/11/02 Galati, G & Tsatsaronis, K (2001). "The impact of the euro on Europe's financial markets". BIS Working Papers No. 100. http://www.bis.org/index - last accessed on 30/10/02 Hamalainen, Sirkka (1999). "The Euro: Europe's new currency and the role of the ECB". http://www.ecb.int/ - last accessed on 02/11/02 Rosenberg, Joshua (2002). "Foreign Exchange Markets and Instruments - Central Banking Seminar". http://www.newyorkfed.org/ - last accessed on 04/11/02 Tyreman, Robert (1999). "European Capital Markets and the Euro". http://www.reutersbusinessinsight.com/ - last accessed on 04/11/02

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