Stocks in Asia, Europe extend global rally

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Stocks in Asia, Europe extend global rally
Topic Started: Jan 23 2016, 01:53 AM (40 Views)
Darcie	Jan 23 2016, 01:53 AM Post #1
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	Quote: Global stocks bounced back strongly Friday, buoyed by sharply higher oil prices and the prospect of more monetary stimulus from the European Central Bank. Japan led the rebound as the Nikkei had its best single day in four years, just two days after entering bear market territory. In early European trading, France's CAC 40 added 3.0 per cent to 4,332.78 and Germany's DAX rose 2.0 per cent to 9,762.41 Britain's FTSE 100 climbed 2.23 per cent to 5,902.61. U.S. stocks were poised to open higher. Dow futures were up 1.3 per cent to 15,992.00 and broader S&P 500 futures rose 1.40 per cent to 1,887.00. Loonie gains a full cent to 70 cents US as oil rebounds above $29 US a barrel http://www.cbc.ca/news/business/stocks-friday-asia-europe-1.3414940?cmp=rss&cid=news-digests-canada-and-world-morning It never stays down.



campy	Jan 23 2016, 02:18 AM Post #2
Handyman Extraordinaire Posts: 28,720 Group: no politics Member #204 Joined: February 2, 2006	Hopefully it will continue. Oil is the life blood of Canada. There is no substitute for export and payment is in U.S. dollars. Too bad Obama is president and Trudeau prime minister. A worst combination for the economy of Canada, I could not begin to imagine.



Trotsky	Jan 23 2016, 04:16 AM Post #3
Big City Boy Posts: 38,319 Group: Member Member #79 Joined: September 8, 2005	Quote: Too bad Obama is president and Trudeau prime minister. Wanna trade? Okay by me.



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