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Stock markets temporarily buoyed by oil rebound

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Global stocks received another welcome boost during trading last week following the positive swings in oil prices which boosted confidence towards the global economy consequently heightening investor risk appetite. The resurgence in upwards momentum was complimented with an impressive NFP figure of 242k from the US that alleviated concerns over the health of the world’s largest economy. This feel good effect and growing optimism towards further US rate hikes translated to American equities

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