Global Market Update • Asian markets witnessed a mixed trend amid selling pressure due to worries over the impact of falling global crude oil prices. Uncertainty whether Europes stimulus plans would be able to solve the Euro regions economic woes further dampened sentiments. Today (As on Tuesday), Asian stocks were trading lower following a sell-off on Wall Street overnight as global crude oil prices plunged to near six-year lows. • As per last closing, European equities regained some ground and ended in positive territory amid expectations that the European Central Bank would adopt additional stimulus measures to boost the slowing euro zone economy, even as global oil prices fell to its lowest levels in almost six years. • As per last closing, U.S. bourses ended lower as investors remained concerned about the continued downtrend in global crude oil prices before the start of quarterly earnings announcements.
Posted on: Tue, 13 Jan 2015 04:51:22 +0000
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