Global stocks rebound, eyes on Saudi, Russia Oil meeting
Tuesday, 16 February 2016 - 12:05
Global stocks rebounded on chances equity markets have been oversold with China opening up two percent after Japan’s seven percent surge on Monday.
Negative interest rates in Japan pushed Japan’s government pension fund to consider making higher allocations to its equity market, as China’s irrational market now offered some bargains.
The U.S. Dow Jones Industrial Average rallied 2 percent overnight following a 2-3 percent rally in European markets.
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