Friday, August 5, 2011

Market Commentary 21.7.2011

The financial markets started positively in the second Quarter. The economic indicators suggested a continued recovery, especially in emerging countries. But the middle of the reporting period increased weaker economic data and concerns about the debt crisis in Europe, the risk aversion of investors. The economic data have faded slightly in most industrialized nations in general and gave also to emerging markets.

By the end of the reporting period, then put one in the equity markets sold off, the returns have been declining in most countries and commodity prices weakened against their previous highs.

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