From poor manufacturing data from the US, Europe and China at the start of July '12, to continuing economic woes related to the Eurozone, the global financial markets have remained under constant pressure. The latest economic indicators suggest slowdown in US economic growth amid no measures by the Federal Reserve and the European Central Bank (ECB). For someone tracking the global markets on a daily basis, it has become evident that the macroeconomic concerns show no signs of easing, while the actions by the global policymakers also remain inadequate and delayed in response to the worsening crisis.
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