Bostic comments on interest rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The President of Atlanta Federal Reserve Bank Raphael Bostic has stated this week that the Federal Reserve should not increase interest rates further, as the current rates have already slowed down inflation.
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Thu, 12 Oct 2023 09:38:05 GMT

The Pound reacts to UK GDP

The United Kingdom Office for National Statistics has released the monthly UK GDP data. Despite hitting the forecast of 0.2% growth, the publication caused a drop of the Pound's value due to the revision of the prior data from -0.5% to -0.6%.

Thu, 12 Oct 2023 12:30:05 GMT

Dialysis provider shares plummet

The stock prices of firms that provide dialysis services to diabetes and kidney failure patients have dropped due to Novo Nordisk revealing that Ozempic has shown success in permanently treating these diseases.

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