Global economic conditions continued to improve in July, but a rise in cases of the COVID-19 Delta variant in some areas of the world raised concerns that another wave of the virus could derail the economic recovery. Global service sector activity expanded further during the month as ongoing re-openings led to increased spending within the sector. Meanwhile, the U.S. Federal Reserve Board (“Fed”) and European Central Bank (“ECB”) both cautioned that policy tightening might occur well into the future, and suggested they are considering ongoing supportive conditions to help bolster the economic recovery.
To continue reading please click HERE
We would like to take this opportunity to express thanks and gratitude to our associates,…
Introduction Global equity markets finished largely unchanged over the month of November. Enthusiasm for artificial…
October was a month of mixed signals. While equities climbed and AI leaders like NVIDIA…
Markets gained ground in September, lifted by rate cuts and easing inflation. Canadian and U.S.…
Investor sentiment improved in August, driven by hopes of rate cuts and extended trade truces.…
Trade tensions and cautious monetary policy continue to shape the global economic landscape. The U.S.…