Effect of market factors on the short-time pricing of stock-exchange metals

Autor:	I. M. Shevelev, S. V. Bogdanov, S. A. Chernyi
Rok vydání:	2016
Předmět:	Energy carrier Materials science 0205 materials engineering Stock exchange 020502 materials World market Metallic materials Metals and Alloys Stock market 02 engineering and technology Monetary economics Stock market index Stock (geology)
Zdroj:	Russian Metallurgy (Metally). 2016:1196-1201
ISSN:	1555-6255 0036-0295
DOI:	10.1134/s0036029516120041
Popis:	The open trade on the world market is estimated using information of one-day exchange prices of nonferrous and precious metals, oil, reduced crude, and gasoline and the main world stock indices in the time period from January 1, 2009 to December 31, 2015. It is found that the short-term changes in the prices of nonferrous metals are determined by the prices on the metal market. The changes in the prices of energy carriers and the stock trade on the stock market weakly influence the pricing of nonferrous and precious metals. The prices of metals depend on the situation during trade on commodity exchanges, and the stock market indirectly influences the exchange prices of metals through changes in the share prices of the companies that produce copper, aluminum, and zinc.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::26641b4843e7a5045465b71f12703ba6 https://doi.org/10.1134/s0036029516120041 Zobrazit plný text záznamu Full text from SpringerLink