Teïletche, Jérôme; Lespagnol, Charlotte - In: Revue Française d'Économie 19 (2004) 2, pp. 121-161
. We find, in particular, that these effects feed essentially through ECB announcements and US statistics, while Eurozone … orientations of monetary policy and different phases of the cycle. We show that the release of macroeconomic statistics or monetary … policy decisions affects market activity, the latter being measured alternatively by returns volatility or exchange volumes …