Monday, August 24, 2009

Stock Markets Resumed their Five Month Uptrend

By: Prieur_du_Plessis

Stock-Markets
Best Financial Markets Analysis ArticleAfter starting the week with a broad-based sell-off, stock markets resumed their five-month uptrend as investors’ confidence in the recovery prospects of the global economy gained traction. With risky assets back in favor, a number of bourses and crude oil closed at fresh highs for the year, showing resilience in the face of a sharp correction in China on Monday (-5.8%) and Wednesday (-4.3%). Safe-haven assets such as government bonds and the US dollar received a cold shoulder.










































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