- Oil and Stocks Lead the Asian Rebound while Gold Calms
Oil and Stocks Lead the Asian Rebound while Gold CalmsThursday, Jan 21, 2016 2:56 pm EST
by Nathalie Huynh
- Gold calmed as Asia market turned to buying risk again
- Oil bounced back to 28 yet under threat of stock build in DoE report today
- Copper rose the most, leveraging on stocks and oil recovery
Asia market started the day with a mild risk-on mood. Regional stocks made recovery attempts from yesterday’s lows. Similar things occurred in commodities: oil bounced back to 28s and copper returned to Tuesday levels.