Stock markets submit to oil

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 24, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global stock markets briskly surrendered their gains during trading on Tuesday amid the steep decline in oil prices which effectively diminished investor confidence towards the global economy. Asian stocks were left battered and depressed following China’s Central Bank’s heavy depreciation of the Yuan while the strengthening of the Yen punished Japanese shares dragging them into red territory. These losses seeped into the European markets which were already pressured by risk aversion and

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