18.04.2016 - How oil prices could have big impact on your portfolio
Global equity markets could see a huge correction in the event oil prices fail to carry on their recovery and tumble to $10 per barrel, according to Raghu Suryanarayanan, executive director of risk and regulation research at MSCI. The oil price has staged a partial recovery since it began to plummet in June 2014 but is still down more than 65 per cent from its last high. The trend downward in the oil price and ongoing wild fluctuations have been a huge driver of market sentiment, economies and asset prices around the globe over this near two year period, says Suryanarayanan...............................................Full Article: Source
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