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Market Update
August 2021
Summary
- Western markets outperform those in the East, while the Nasdaq reaches a fresh high.
- Chinese stocks sold off through the month as regulatory clampdowns hit.
- IMF hikes forecasts, predicts the UK economy will advance by 7% through this year.
- UK dampens quarantine rules for some fully vaccinated travellers.
- Economic growth in some regions display signs of slowing, while other areas have a way to go.