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Weekly Market Update 2nd October 2023

October 3, 2023
Molly Stead
Market Updates

All signs point to interest rates having to remain at higher levels for longer – and higher oil prices this week worked to reaffirm this expectation and weighing on markets. However, data from the US and Europe this week is showing that inflation is slowing. Elsewhere, the Japanese government outline a stimulus plan and data suggests that the Chinese economy may have now bottomed.

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