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Markets in a Minute - 11 August 2020

Global equity markets largely pushed higher this week on positive economic data. The Nasdaq hit a new record high, as did the gold price, while the S&P500 is now less than 1% below its February peak of 3386. Global purchasing managers’ indices, which are used as a way of measuring how businesses are performing, showed improvements in most regions suggesting we are on the road to recovery.

Please find attached the latest edition of our ‘Markets in a Minute’ which provides commentary on the global markets and how these might be affecting your investments. We hope you find this useful.

Markets in a Minute - 11 August 2020
Global equity markets largely pushed higher this week on positive economic data. The Nasdaq hit a new record high, as did the gold price, while the S&P500 is now less than 1% below its February peak of 3386. Global purchasing managers’ indices, which are used as a way of measuring how businesses are performing, showed improvements in most regions suggesting we are on the road to recovery.
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