Most market analysts are holding on to their economic or corporate projections while adopting a wait-and-see attitude to assess if oil prices will remain at current high levels.
The local market is likely to continue to adopt a more cautious tone, brought on by the current high oil prices.
With near-term market outlook fairly unclear and not helped by current oil prices and the [post-Q2 earnings] lull, we expect the STI to continue to trade within the parallel channel.
With oil at above US$67 per barrel, this is likely to once again raise investors' concern over the impact on global economies and earnings of corporates.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.