FNSFMK521 — Analyse financial markets and information

Elements & performance criteria

Performance evidence

• analyse market indicators and market outlook to assess the implications for three different economic or financial issues.
• work within legal and ethical constraints
• assess current economic environment and develop predictions for the level of economic or financial activity in the future
• synthesise views on market outlooks
• explain impact of regulatory change on prices and behaviour of financial markets
• identify and interpret market indicators
• comply with organisational guidelines and codes of conduct when using and communicating data and market information
• evaluate and communicate the impact of an unexpected change in market conditions or a regulatory change on the stakeholder situation.

Knowledge evidence

• roles played in financial markets and financial services by participants including governments, domestic and international market regulators, central banks, intermediaries, investors, and borrowers
• methods for interpreting key market and international indicators, including inflation, wages and labour force, and gross domestic product
• interrelationships between key market sectors including interest rate markets, foreign exchange markets, and equity markets
• structure and interrelationships in the economic environment including market drivers, government monetary and fiscal policies, interest rates, exchange rates, and inflation
• impact on economic and financial analysis of political and environmental factors including: • national and international political events and resultant changes in economic structure and flows • changes in regulatory environment
• rules and guidelines for use and communication of market information specified in regulation, industry conventions, codes of conduct and organisational guidelines.

Foundation skills

• Reading: Systematically researches and analyses complex information required for role
• Writing: Produces logically structured documentation using formats, style and protocols appropriate for audience and purpose Uses clear language and correct terminology to convey complex information
• Oral communication: Determines and confirms requirements, using questioning and active listening Clearly explains detailed information using language, tone and pace appropriate to audience Participates effectively in verbal exchanges to share and present information and concepts appropriate for audience and purpose
• Numeracy: Uses mathematical equations and statistical techniques, and performs elementary probability calculations relating to financial and numerical information
• Self-management: Takes responsibility for delivering within required timeframes and relevant information according to ethical, legal and organisational requirements Selects and uses required conventions and protocols when liaising or sharing information with clients or personnel Applies systematic and analytical decision-making processes to make recommendations for complex and non-routine situations Apply sound inductive reasoning to ensure consistency of interpretations based on available information
• Planning and organising: Accepts responsibility for planning and sequencing complex tasks and workload
• Initiative and enterprise: Critically analyses data generated in automated processes and systems for validity
• Technology: Uses main features and functions of digital tools to complete work tasks and access information

Unit content sourced from training.gov.au — © Commonwealth of Australia, licensed under CC BY 4.0. Auditori is not affiliated with the Department of Employment and Workplace Relations.

Questions about assessing FNSFMK521