Study: World Cup trumps stock markets
BRUSSELS -- The furious activity in the trading pits of the world's great stock exchanges often gives the feeling that every second is gold dust in the relentless rush to make money. Then all of a sudden it's kickoff time, and everything changes.
A wide-ranging study from the European Central Bank has found that the soccer World Cup has a huge impact on traders. Many stock exchanges effectively go into slow motion when the games are on, according to the findings.
"When the national ...
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