With London and the world gripped with Olympic fever, we began to wonder if the Olympics might have an impact on the markets, whether positive, negative or neutral.
According to some research by Deloitte, hosting the Olympics may provide a boost to the FTSE 100 in the coming months.
They have found that host countries’ exchanges have outperformed major international exchanges in the six months after every Olympic and Paralympic Games since 1984.
They attribute this to the impact that major sporting events have on market sentiment.
You can see a recent article on this topic by clicking here.
It will be interesting to see if this does play out in the London markets.
Will the Olympics Affect the Markets?
Posted on the 7th August 2012 by Gillian Elcock
With London and the world gripped with Olympic fever, we began to wonder if the Olympics might have an impact on the markets, whether positive, negative or neutral.
According to some research by Deloitte, hosting the Olympics may provide a boost to the FTSE 100 in the coming months.
They have found that host countries’ exchanges have outperformed major international exchanges in the six months after every Olympic and Paralympic Games since 1984.
They attribute this to the impact that major sporting events have on market sentiment.
You can see a recent article on this topic by clicking here.
It will be interesting to see if this does play out in the London markets.