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Thank you for the fast response. I know textbooks are my best bet to understand the theory behind the modeling. Thing is that I'll get proper classes on the subject next year if I go into my finance Master. So far it hasn't been touched upon in my Bachelor program but still I got stuck with this ass...

Hello, For my thesis I was given the assignment to research the effect of macroeconomic news on stocks. I chose to investigate the effect of US announcements coming from the BLS on the Brazilian stock market. In my case I wanted to check if the announcements would have a significant effect on the vo...