The European Central Bank took strong measures and dropped interest rates even more when they received growth and inflation rates that were weaker than their expectations.
Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May.
The trading for the month of August ended on Friday the 29th, witnessing a rise in the global equity markets, reaching their peak in five months, since February.