Oil prices edged up after a volatile session the previous day,
with the impact of tension in the Middle East offset by
worries over global economic growth.
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Oil prices edged up after a volatile session the previous day,
with the impact of tension in the Middle East offset by
worries over global economic growth.
www.starindiaresearch.com8235003366
U.S. Treasury yields fell on Monday, with benchmark yields
hitting nearly two-week lows after a tumble in Chinese shares fueled worries over global growth
and drove demand for safe-haven U.S. government debt.
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The yen stood tall against the dollar and euro as a continuing selloff in global equities suppressed investor appetite for risk and kept the safe-have yen in demad.
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Asian share markets struggled to stabilise as Chinese stocks bounced from a shaky start, offering hope that Monday's plunge was a flash in the pan.
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U.S. stocks began 2016 sharply lower on Monday, with the
Dow marking its worst start to a year since 2008, after weak Chinese economic data fanned fears of a global slowdown.
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www.starindiaresearch.com8235003366
Brent crude and WTI rose about 2 percent on Monday due to the fallout in the Middle East. Higher oil prices support
bullion, as gold is seen as a hedge against oil-led inflation.
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