Forex | Forex | Shanghai surprise (04/09/2009 05:37:30)

Shanghai surprise

To stimulate or not to stimulate that is the question. Can China bail out oil bulls once again? Oil prices rebound over night after flat lining yesterday after a big rally in the Shanghai stock exchange. Shanghai stocks surged 4.8% driven by a rebound in financials and metals giving hope once again to that old Chinese oil demand story. Overnight Liu Xinhua the vice chairman of the China Securities Regulatory commission said that they will seek to promote a stable and healthy marketplace. Those


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