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Weekly Market Update 13th Feb 2023

Broadly speaking markets were down across the world – for various reasons, but
clearly focused on what’s next for central banks. In the US and Europe, any signs from
the central banks on what’s next continues to drive markets. In Japan, investors await
news on who the next central bank chief might be, whilst geopolitical tensions pick up
in China. The UK economy avoided a recession in 2022, but only just.

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