All You Need to Know About the City: Pt. 2: Understand the World's Financial Markets and Why London Dominates (All You Need to Know Guides)

This is the second part of the bestselling guide to London's financial markets now set in a global context.If you are one of the tens of thousandswho have read All you need to knowabout the City, you already have aperfect grounding in what goes on inLondon's financial markets. But it'simpossible to study the City inisolation from the rest of the world'smarkets, and London is the leadinginternational financial centre (IFC).No book to date has captured boththe virtuality of the internationalfinancial markets (IFMs) - the fact thatcurrencies, equities, bonds, moneymarket instruments and derivativesare traded in the ether - as well asthe geography of the IFCs.This book takes the reader on a tourof the world's leading IFCs and theIFMs and sets them all in amacroeconomic context that explainshow the IFMs have moved frominvesting to trading over the last 20years, what caused the credit crunchand how governments tackled it - allin Chris Stoakes's easy-to-read style.