There’s a new risk that investors in the stock markets must contend with. Rising oil prices after a completely surprising cut in production by the oil cartel Opec plus have slowed down the recent rally on the stock market for the time being. The German leading index Dax ended the first April trading day on Monday 0.3 percent down at 15,581 points.
The recent fall in oil prices has supported the recent price recovery, as it lowers production costs for companies and increases hopes that inflation will fall further. That support is now gone.
>> Read here: Opec plus shocks the markets – oil prices could rise towards $100
Investors were already quite unsettled after the severe turbulence on the banking market. Security is a must in these times — and that’s where a group of stocks that used to have a very different image come into play.
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web and in our app.
Further