This project demonstrates the impact that major news relating to Brexit has on the GBP/EUR market. Google Trends is used to identify major events by applying the Relative Strength Index indicator, with a standard T Test verifying the statistical significance of the abnormal returns generated by the events.

If curl is not installed on the current pc, please issue the following command in the terminal:

sudo apt-get install libcurl4-openssl-dev

Once done, please open an R terminal and install the following package:

install.packages("TTR")

The package TTR allows us to make use of teechnical analysis indicators such as the RSI.

The script can then be run from the command line as follows:

R < BrexitMarketImpact.R --no-save

When run, the script will output the T Statistic bounds as well as the T Value for each financial assets. It will also create a pdf file within the same directory with all the plots.