free forex signals

World stock markets bounce back after turbulent week

Discussion in 'Market News' started by Lily, Jan 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Shares in Asia and Europe recover from week’s heavy losses after ECB indicates further stimulus and oil price rises

    European and Asian stock markets bounced back at the end of a tumultuous week, as oil prices recovered and the European Central Bank president, Mario Draghi, raised hopes of further stimulus measures.

    It was a week that involved panic selling in global markets, pushing several of them, including London and Japan, into bear market territory, as oil prices tumbled to 13-year lows below $28 a barrel and further intensified fears over the health of the global economy.

    Related: ECB stimulus hint steadies markets

    Continue reading...

Share This Page