Market and Economic Update

The last week of July was quiet in terms of economic data and political risks on a global scale. Amongst the main economic events, Greece has entered into debt negotiations, with the next expected debt payment due to the European Central Bank (ECB) on August 20.

This latest market commentary takes a look at manufacturing activity in China and Europe, the current job outlook in the United States, GDP and GNP growth for the second quarter and insight into the global economy for the third quarter in 2015.