Asian Market Update: Energy Sector Rallies As Brent Crude Oil Tops $50, Australia CAPEX For...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Asian equity markets are mixed, with continued rise in oil prices benefiting Australian energy names at the expense of China transport sector. Brent Crude prices topped $50/brl mark for the first time since last November, and WTI is tracking just below that technically important level. FX majors were also somewhat[​IMG]

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