Asian Stocks: Will Oil Help Or Hinder Our Market
added: 2008-08-25
Asian stocks, including Australia fell last week, sending the region's benchmark index to its lowest in more than two years. But Friday's quick reversal of Thursday's commodity price spike, led by oil, should steady markets in the region today, and Australia's bounce on Friday off the back of the higher resource stocks, could be sustained if resource stocks are resilient..
