: :inin Kyiv (EET)

Central banks, oil price rout to rule markets in 2015


PARIS, (AFP) – Addicted to liquidity and disconnected from the real economy, global markets are likely to dance in 2015 to the different monetary policy tunes played by the US Fed, the ECB and China, while plunging oil prices could spice up the mix.In 2015, like the last seven years, it is the central bank interventions which will have an influence over the markets, said Romain Boscher, a stock portfolio manager at Amundi.For the past several years central banks have tried to stimulate stalled economies by a mix of injecting massive amounts of liquidity into markets, lowering interest rates to …read more

Source: Dunya TV

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