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European Market Update: Failure Of Production Freeze In Doha Puts Headwind On Risk Appetite

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Risk-off theme prevailed which provided bid for safe-haven currencies. Equity markets declined as oil price fells by over 5% after the highly anticipated Doha meeting of oil producers failed to reach a freeze deal . The worst of the selling subsided as the session progressed with dafe-haven currencies off their best levels[​IMG]

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