Has anyone thought of this paradox and vicious circle?
If the price of oil goes down the share market goes up which leads to optimism and the oil price going up again which leads to pessimism and the share market dropping and so the oil price dropping which causes the share market to rise optimistically again and so the oil price rises again and market pessimism etc....
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Last
$6.84 |
Change
-0.020(0.29%) |
Mkt cap ! $4.593B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.88 | $6.70 | $5.355M | 783.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5638 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |