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
Introduction Global equity markets finished lower over April amid geopolitical tensions, choppy inflation and expectations…
Introduction Central bank rate announcements dominated the headlines in March. Most held steady, while pointing…
Introduction Global equity markets moved higher over the month of February. Investors held largely positive…
Introduction Global equity markets edged higher over January. Sentiment was largely mixed as investors parsed…
Introduction Investor sentiment improved in December on rising expectations that major central banks, including the…
Introduction Investor sentiment improved in December on rising expectations that major central banks, including the…