Report from the financial markets from June 2010

19.7.2010
The last week in the month lapsed was negative for stock markets and stock markets lost their previous profits and incurred losses. The main reason for this change in the sentiment and mood were again the growing concerns about strength and duration of the world economic revival. These concerns appeared after the fiscal savings adopted in particular in Europe and which could potentially cause the return to recession in consequence of examining and limiting Government’s expenses and influence the growth of economic revival on a world-wide basis. The portfolio managers of ING IM evaluate the macroeconomic development and the situation on the financial markets in the Czech Republic and Slovakia in June 2010.