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European Markets Rebounds..


Declined oil prices made the European markets to gain 4 months high. Crude oil fell $60.55 barrel from a record high of $78.40 on July 14. It encouraged the takeovers between the companies in Europe.

In the U.S, Europe's biggest export market, the Federal Reserve unchanged the interest rates may boost the exports of Europe. But a report on Slowing Economic growth in Europe affected the US Export companies.

Higher Interest rates in Europe spurred the Investors to invest in stocks that may be least vulnerable to an economic slowdown.

Overall, fall in oil prices, exports and interest rates made the European markets to rebound the stocks. All these causes made the Euro stronger against Dollar. It seems European markets are becoming powerful than the US markets.

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