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Oil oversupply woes punish global markets

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Stock markets were swift to relinquishing their gains during trading on Monday following the very steep depreciation in oil prices which chipped away at confidence towards inthe global economy and soured risk appetite. The expectations around central banks unleashing stimulus measures to curtail the turmoil in the financial markets provided false hopes for bullish investors, who have fallen victim to the sharp declines led by the intensifying concerns around the excessive oversupply of oil. A

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