Key Market Indicators - August 2016

An explanation of the Key Indicators concept is given at the end of this piece for those readers who are unfamiliar with it. This will explain the difference between our view of the present situation which is subjective and our analysis of trends which is based on the latest facts available. At the end of August we have a situation where the present situation is improving and trends are deteriorating slightly. It is quite common for these two views to move in opposite directions.

The total number of indicators considered in this analysis is currently 36.