Module 11
Fundamentals, Macro & Intermarket
Charts show what happened; macro explains why. Central banks, data releases and the links between bonds, dollar, gold and equities.
- 1
Central banks
The Fed, ECB, BoE and BoJ, their mandates, and how their decisions move markets.
- 2
Rates and bond yields
How yields work, the yield curve, and why bonds lead other markets.
- 3
Key data releases
NFP, CPI, GDP and PMI: what each measures and how markets react.
- 4
The economic calendar
Reading a calendar, forecasts versus actuals, and impact ratings.
- 5
Trading around news
Whether to trade the release, wait for it, or stay out entirely.
- 6
Risk-on vs. risk-off
How money rotates between safe havens and risk assets.
- 7
Intermarket relationships
The usual links between the dollar, yields, gold, oil and stocks, and when they break.
- 8
Seasonality
Recurring calendar patterns, and how much weight to give them.