Daily Market Commentary

July 28, 2020

Bonds
Investors convinced the Bank of England is headed for sub-zero interest rates for the first time in its 326-year history are steering debt markets.

Economy
Global potential economic growth is set to drop in coming years due to fallout from the Covid-19 pandemic, amid a rise in unemployment and a cooling of investment by companies, according to Fitch Ratings Ltd.

World
A resurgence of coronavirus infections across the Asia Pacific region, which was considered to have broadly curbed the virus more effectively than elsewhere, is being viewed as an early warning for the rest of the world.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

Today, Tomorrow, Together