Bank of England hikes interest rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Bank of England has just now increased its Official Bank Rate from 5.00% up to 5.25%. The move was expected by the financial markets. As a result of the policy change the value of the Pound initially reacted with a downwards move, before returning to previous levels.
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Fri, 04 Aug 2023 13:00:31 GMT

Apple expects a decline

Despite beating earnings expectations in the second quarter of 2023, Apple has reported bad news. The company has revealed that it expects sales to continue to decline in the third quarter of the year. This would mark a fourth quarter of sales decline.

Fri, 04 Aug 2023 14:30:06 GMT

Global firms warn about China

Consumer goods producers, automakers and machinery makers have revealed that the Chinese post-pandemic recovery boost has grinded to a halt, as sales in the market have slowed down.

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