1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

BetOnMarkets - US government bailed out AIG

Discussion in 'Market Predictions and Reports' started by Erik, Sep 17, 2008.

  1. Erik

    Erik BetOnMarkets Representative

    Joined:
    Jul 23, 2008
    Messages:
    0
    Likes Received:
    0
    The FTSE is currently indicating a high opening. Investors around the world are breathing a sigh of relief after it was announced that the US government bailed out AIG. The announcement has bumped up the FTSE to more then 1% in the pre-open markets.

    Oil tried its hardest to breach the 90 dollars per barrel mark, however support finally came back into the market, allowing the price to rebound and is currently trading at more then 94 dollars per barrel. Look for the price of oil to be volatile today as the inventory numbers will be very unpredictable

    BetOnMarkets
     

Share This Page