Oil prices- Global stock markets killer.docVIP

 PAGE \* MERGEFORMAT 4 Oil prices: Global stock markets killer Since the United States from more than 5000 points, the Nasdaq fell back, the international turmoil in the stock market has been wandering. Recently, when the stock market had just stabilized slightly improved, the new risk, then quietly hit, making the global stock market turmoil could yet face another precarious situation, so that investors correctly grasp the more difficult the prospect of future market. This is the stubbornly high oil prices. The past more than a year of rising oil prices, global interest rates is about one of the factors, while the trend of interest rates has a direct impact on the stock market, so the sharp fluctuations in oil prices as the world’s stock markets indirectly, a major worry. Oil prices are too high will cause market instability, but also on the global economic momentum impact. Energy costs increased significantly resulting from cost-push inflation, has made the United States, Japan and the European Central Bank to control inflation, since last year to raise interest rates several times. In view of the world’s leading Petroleum Exporting Countries (OPEC) crude oil output is limited, estimated that high oil prices, the situation will continue for a longer period of time, which makes businesses are embarrassing burden, the growth performance would be greatly diminished. Not help this situation is reminiscent of 70 and 80 years of the oil crisis. 80’s oil crisis is the year ‘黑色星期五 ‘ stock market crisis of the initiator. Recently, in the U.S. Midwest, it is trance back to the nightmare of the oil crisis. Detroit, busy street corners in many petrol stations ran; Chicago and Milwaukee motorists complaining; Michigan last week, gasoline prices jumped an average of 27.1 cents. Everything seems to have a big sign before the crisis. While economists and industry officials believe that the national clean air policies implemented by the Government and the European Peck yie