July was an eventful month for the financial markets, especially for currencies and commodities. Our expert, Johan Gallopyn, takes stock of the main trends in equities, bonds, central banks, currencies and commodities in the past month.
Ten years after the onset of the financial crisis, the global economy is showing signs of a synchronized recovery. Cyclical economic growth across the board is picking up, trade volumes are growing, corporate profits are on the rise and unemployment is falling.
European equities performed very well in April, and are again in positive territory as from the start of this year. The American bond rate climbed to 3%. Our expert Johan Gallopyn looks at the main events of the past month for equity, bond and foreign exchange markets.
The resurgence of the trade dispute, central banks, Italy, OPEC, etc. - numerous events affected the market in June. Our expert, Johan Gallopyn, outlines the implications for the equity, bond and currency markets over the past month.
China is holding its party congress starting October 18th. While statements are likely to remain vague, the symbolic value of the meeting carries great weight. The meeting will reveal both more information about Presidents Xi’s own priorities and a better gauge of where Chinese economic policy is heading.
Economic confidence indicators continue to point to a solid cyclical growth momentum across sectors and regions. While financial market volatility is very low, economic policy uncertainty remains at high levels.