Global markets: Hedge funds dampen oil prices, but not for long

Global markets: Hedge funds dampen oil prices, but not for long
Global markets: Hedge funds dampen oil prices, but not for long
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Published: 08/05/2024 18:30

Photo by Peter Morgan (AP Photo/Scanpix).

Changes at Siemens Gamesa and an improving outlook for the company have inspired investor confidence in the troubled company. Oil prices have eased, but demand is expected to recover soon.

Stock exchange indices in Asia did not find a single direction on Wednesday – shares in Japan fell by 1.63%, shares in Shanghai and Hong Kong fell by 0.61% and 0.9%, respectively. They are expensive in South Korea and Australia. In Europe, the mood was even better. Regional …

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