But it continues to adjust to major global developments
August see the largest one-month decline in confidence since hurricane Katrina
Decline was due to decreases in Ontario, Quebec and B.C.
Investors greatly concerned about gas prices, unsettled geopolitical climate
Metal, minerals and oil and gas bring index back to just below its all-time record
Improvements in market liquidity has contributed to the decline, says BIS paper
But warns that geopolitical concerns may slow down the pace of global economic integration
Percentage decline the largest since February
But figures still well below average quarterly increases registered in 2005
Sales hit lowest level in 2 1/2 years