Oil Price Drop Spells Trouble for Asian Stock Markets: Study
The researchers used a special model to study how oil prices affect stock markets in Malaysia, Singapore, Thailand, and Indonesia. They found that changes in oil prices can have different effects on these stock markets, depending on the economic situation. When the economy is doing well, oil prices tend to have a negative impact on stock prices in these countries. This means that when oil prices go up, stock prices may go down in these Asian countries.