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Weekly Market Update 31st July 2023

August 1, 2023
Molly Stead
Market Updates

Major stock markets advanced in the week, despite the US and European Central Banks increase their interest rates. Inflation in Japan remains above target. Meanwhile, China’s government pledging further support to boost the economy. Eyes are on the UK as the Bank of England is meeting this week to discuss the next move for interest rates, with the market expecting another hike.

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