Highlights; Following the sell-off in equities after the UK’s Brexit decision, equities staged a strong recovery in July, helped by expectations of more central bank stimulus measures in the major economies. Crude oil prices fell 14% on renewed concerns about oversupply. China economic data continued to show that the government stimulus measures are supporting the…
August Economic Update with Bob Cunneen
By upwealth
In
Economic Update
In this update, Bob Cunneen, Senior Economist and Porfolio Specialist, reviews events in markets during July. He discusses: July’s surprisingly strong global share gains the global share markets being supported by better than expected US corporate profit reports and global economic data how Japan’s share market rebounded in July given hope from both budget and…