A global investment snapshot

European and US central banks remain committed to their policy of maximum easing, which is an encouraging sign for the global economy. In addition, ECB President Mario Draghi’s reiteration that the euro is irreversible is also reaffirming. However, it is evident that the ongoing eurozone crisis and recent data showing a continuingly high level of unemployment in the US continue to impact investor sentiment. Recent downgrades by the IMF, along with a warning that a recession in the US and eurozone is not off the cards, looks set to weigh on markets. European concerns In Europe, th...