Every week, market indicators provide valuable insights into the current state of the global economy. This article will provide a comprehensive review of the key market indicators from the previous week, helping investors and businesses make informed decisions about their financial strategies.

Economic Indicators:

1. US GDP Growth: The US economy grew by 6.6% in the second quarter of 2021, topping expectations and showing the strength of the US recovery from the COVID-19 pandemic. This strong performance was driven by consumer spending, business investment, and exports.

2. European Central Bank (ECB) Policy: The ECB maintained its pandemic response measures, including its large-scale asset purchase program and flexible inflation targeting. The bank also signaled that it is monitoring the recovery in eurozone inflation, which has been slightly above its 2% target.

3. China's GDP Growth: China's GDP grew by 7.9% in the second quarter of 2021, above the government's target of 6-6.5%. This strong performance was driven by the country's rapid vaccine rollout and renewed efforts to stimulate the economy.

4. Oil Prices: Oil prices surged in the previous week, with Brent crude oil closing at $76 per barrel. This increase was driven by increased demand for oil, particularly in Asia, as well as supply concerns in Libya and the Middle East.

5. Gold Prices: Gold prices fell slightly in the previous week, with the spot price falling to $1,800 per ounce. This decline was driven by improved economic growth expectations and a stronger US dollar, which makes gold less attractive as a hedge against inflation.

Financial Market Indicators:

1. US Stock Market: The S&P 500 index rose by 0.4% in the previous week, driven by strong earnings reports and optimism about the US economy. Technology stocks continued to outperform, while energy and industrial stocks also performed well.

2. European Stock Market: The STOXX 600 index increased by 0.6% in the previous week, with strong performances from technology, consumer discretionary, and health care stocks.

3. Asian Stock Market: The MSCI Asia Expense index rose by 0.8% in the previous week, driven by strong performances from Chinese and Japanese stocks.

4. Bond Market: US bond yields rose slightly in the previous week, with the 10-year Treasury note closing at 1.35%. This increase was driven by improved economic growth expectations and a stronger US dollar.

Market indicators provide valuable insights into the current state of the global economy. By tracking these indicators, investors and businesses can make informed decisions about their financial strategies. As the global economy continues to recover from the COVID-19 pandemic, it is crucial to stay informed about the latest market trends and economic developments.