The forward premium, the difference between the forward exchange rate and the spot exchange rate, contains economically valuable information about the future of exchange rates. Here is the evidence that it can help predict short-run rates and that investors who ignore it and use random walk models may be leaving money on the table.

One of the notable characteristics of modern financial markets is the convergence among financial institutions, which until recently preformed different tasks. To this end, the present study explores the bank-insurance phenomenon in the Greek market.

Two micro-markets, Mozambique and Swaziland, provide an interesting case study to examine the features of new markets in Sub-Saharan Africa that differ in a number of ways, including colonial legacy, membership of the Common Monetary Area and the dynamics of the political economy that defines the links between the citizens, the local elite and the state.

This paper examines the approach taken by the Sudan Telecommunications Company, Sudatel, to obtain cost effective equity financing using secondary listings on multiple MENA (Middle East and North Africa) Stock Exchanges.