29.02.2016 - Why the oil price is exerting such a strong pull on equity prices
As we head into March, investors are worried that we could be about to witness an outbreak of market turbulence amid waning faith in the world's top central banks. In the first two months of the year, there's been one overriding pattern at work: where the oil price goes, global equity markets inevitably follow. Last week was no exception, with the price of oil climbing as supply disruptions affected northern Iraq and Nigeria. The US sharemarket also notched its second consecutive week of gains, finishing 1.5 per cent higher...............................................Full Article: Source
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