Monday saw Asian stocks showing some improvement and becoming a fraction firmer. The change came after investors started focusing on the upbeat flow of US corporate earnings, just before a host of results, which are due for this week.
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.
After the end of the budget consultation on 11th June, the Treasury issued its response on the 21st July on pension shake-up, explaining pension changes, which offer a greater deal of freedom for both pension holders and providers.
Mario Draghi, the head of ECB calls for more unconventional and growth friendly policies to end eurozone crisis. Within the Eurozone, it has been a long-time since the living standards were at peak.