The primary goal of Financial Markets Department is to provide monthly reports focused on Foreign Exchange (Forex) Market and various country indices (Country Analysis). As students in finance we want to apply the theoretical knowledge that we have attained through our years in university into real world situations combining fundamental and technical analysis in order to make qualitative reports. In detail, we use fundamental analysis to explore main indicators that directly and indirectly influence the behavior of the currencies (interest rates, GDP, unemployment, etc.). Secondly, the technical analysis helps us to track market trends by verifying the major technical indicators that better reflect the behavior of the market during the trading sessions. Additionally, these analyses are used in the regular meetings with the Corporate Finance Department, in order to provide specific macroeconomic trends that will enhance the team’s valuations. Apart from our monthly reports, we spectate the markets and the financial news daily and we publish the most important news.
Forex (FX) is the market in which currencies of all over the world are traded. The forex market is the largest, most liquid market in the world, with average traded values that can be trillions of dollars per day. As there is no central marketplace for currency exchange, trade is conducted over the counter. The Forex market is open 24 hours a day, five days a week, except for holidays, and any person, firm or country may participate in this market. Our Department concentrates on the most popular and liquid currency pair, the Euro/U.S dollar or EUR/USD.
Country analysis involves the examination and interpretation of a nation’s economic, social and political environment. The analysis offers a comprehensive overview of a country. Some of the data points considered in a country analysis are: Economic Indicators (such as GDP, CPI, PPI), Government Policy (such as subsidies and tax rebates), Trading Conditions and Political Scenario (The political climate and risks). Our monthly reports focus on the major European countries and especially on Greece.