In this work we investigate how a number of crises have affected most of the stock markets in the world. First, we apply Time Series Factors Analysis (TSFA) in order to reduce the dimensionality of the series under study and obtain a lower number of factors that can be related to regions. Then...

In this chapter we investigate the response of bond markets to macroeconomic news announcements in the euro area. Specifically, we analyze the impact of (un)expected changes in the interest rate, unemployment rate, consumer confidence index and industrial production index on the returns,...