Global stock markets which are falling due to continuous rise in crude oil prices suddenly find some breathing space. Crude oil prices fell by 7% in the last 2 days due to fears of decrease in demand due to slowdown in American economy. US Banking stocks saw the sharpest rally ever in the last 16 years. Global markets are rising due to this unexpected sharp correction in global crude prices. But inflation data may change the bullish sentiment of stock investors.
Stock Market Guide: Short term rally due to fall in crude price
Posted by
nvkrishna under Global
From http://www.stockmarketguide.in 5784 days ago
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