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Oil price volatility punishes global stocks

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 22, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The stock markets concluded another trading week skewed to the downside as renewed selling in oil prices and elevated concerns over slowing global growth encouraged investors to frantically flee from riskier assets. European equities surrendered most of their gains during trading on Friday with the FTSE100 welcoming the bears following the steep declines in mining stocks. This bearish domino effect trickled into the American arena consequently breaking a three day winning streak in Wall Street

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