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
From tariffs and trade disputes to rising interest rates and stubborn inflation, this month's update…
August was a strong month for global markets, but uncertainty remains. Learn about the key…
Global events continue to shape the economic outlook, creating new opportunities and risks for investors.…
How are inflation, interest rates and global events influencing markets? While global equity markets were…
Global markets are climbing but rising inflation, high energy costs, and cautious consumers tell a…