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Oil and Asian stock markets fall again

Discussion in 'Market News' started by Lily, Dec 28, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    China’s two main share indexes fell 2.6% and 2.9% and the price of Brent and US crude fell nearly 2%

    Shares in Europe and Asia fell on Monday in trade thinned by holidays in a number of financial centres, hit by slumping oil prices and concerns over Chinese growth and finances - two of the year’s major factors.

    Prices of both Brent and US crude fell 1.8%, reversing a brief rebound that helped shares in the Middle East over the weekend, while Chinese stocks fell almost 3% after a weak batch of industrial profits data.

    Related: 2016 will be a year of living dangerously for the global economy

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