Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]Home » Kuwait
What have the banks done to the markets making them unable to bear cheap oil?
Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]Filed Under: Economy, EUGlobe, Markets, Policy, USA Tagged With: Bank of Japan, banks, crude oil, derivatives, EU, European Central Bank, Eurozone, Fed, global economy, global outlook, IMF, Kuwait, lenders, markets, monetary authorities, monetary policy, New York, oil, quantitative easing, Russia, Saudi Arabia, stock exchanges, the United Arab Emirates, US, Venezuela, world economic outlook
















