Information on how different economic announcements affect different industries

[Andrewwhad]

Hello everyone,

I would like to know where can I information (articles, books etc) on how different economic announcements affect different industries in the stock market(ideally FTSE) ?

I know IEA announcements every Wednesday affect the oil industry, Brent and WTI prices. On the same thought monthly interest rates probably affect banking stocks ... well they would if they would actually change something.

Any ideas are welcomed

 

[zaysev36]

Well, there are certain services like Brandmentions, which help you follow the news regarding chosen company, brand or stock, thus allowing you to make some conclusions and assumptions. But I'm not sure that's exactly what you're looking for.

 

[EnlightenedJoe]

News have no effect on industries. News are formed by analysing the past activities of industries. Everything in the news are already known by the industries, months if not years ahead.

The only people who are left in the dark are the joe public. Their knowledge of the industries lag month if not years of the reality. So if the joe public go gamble on old information such as news, they will lose all their shirts. Then they will become shirtless joes.

 

[forker]

Read up on economic cycles and intermarket analysis.

 

[forker]

Oh, and ignore EnlightenedJoe, he isn't exactly with it.

 

[forker]

Also, get a news feed to do thorough research.

 

[Andrewwhad]

Thank you all for you replies.

To clarify a bit what I was looking for:

Tue 3rd May China's Manufacturing PMI was released. It was lower than forecasted and it affected the markets. After monitoring the industries I realised that the biggest fallers were (in order):
Industrial
Basic Materials
Oil and gas (this one could have been affected by other factors as well)

It seems obvious the Manufacturing PMI would affect industries but if you don't know that and would have invested in a great company from the Industrial /industry you have made quite a loss.

I thought that with the long existence of the stock market there should be at least a book or two that mention who affects who in term of economic news.

I am not saying economic announcements/news are everything, in fact they are a small part of the equation but a part that one should be aware of.
Correct me if I am wrong.

zaysev36: Thank you for the link!

EnlightenedJoe: I believe a lot of there is a lot of cyclicality in the market and as you've said trends repeat themselves but how would you know what and industry is doing if not for the economic announcements?
I am not saying I want to trade based on economic announcements; I want to be aware of them and how they could affect my holdings.

forker: I am currently following Alliance News, the stuff that's posted on London Stock Exchange/ the free stuff and also Sharecast market reports.
could you recommend a good book on economical cycles / inter market analysis ?

Thank you all for your replies!

 

[forker]

I use Reuters Eikon which you can get for cheap through Metastock Xenith. It's much nicer that other retail products and gives premium data. There are tons of book on economic cycles on Amazon. Have a peek at Victor Zarnowitz books

 

[zaysev36]

News have no effect on industries. News are formed by analysing the past activities of industries. Everything in the news are already known by the industries, months if not years ahead.

The only people who are left in the dark are the joe public. Their knowledge of the industries lag month if not years of the reality. So if the joe public go gamble on old information such as news, they will lose all their shirts. Then they will become shirtless joes.

You aren't trying to say we don't need news reports for investing or trading, are you?

 

[EnlightenedJoe]

You aren't trying to say we don't need news reports for investing or trading, are you?

News reflects past reality. People who buy on news will lose. They would have missed the boat.