Global stock markets enjoyed a largely positive week after data provided further evidence that the United States economy remains in relatively good health.

Global stock markets managed to cling on to their recent gains, continuing their recovery from an early-August slump. This was due to growing certainty that the US Federal Reserve will cut interest rates in the next month.

Global stock markets have had another turbulent week as investors weigh up the potential benefits of lower interest rates against growing signs of weakness in the world economy.