Production of COVID vaccines is rapidly growing and expanding with more vaccine candidates in the pipeline. Vaccinations are administered in increasingly higher numbers with countries like the United Kingdom and United States among those with the highest vaccination rates so far. As restrictions are gradually  being loosened, the economic recovery is all but certain to take shape throughout the remainder of 2021 and to get into full swing in 2022.

In August many different factors kept the markets on edge, but eventually managed to close the month in positive territory. The main factors are the strong employment numbers with the US reporting the addition of over 1 million jobs in July, and pushing the unemployment rate down to 5,4% from 5,9% in June, the lowest level since March 2020 when the covid-19 lockdowns kicked in.