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Weekly Market Update 16th October 2023

A mixed week for global markets– who continue to keep a watchful eye on data to get any clues of what may or may not happen with interest rates moving forwards. Central banks are beginning to signal a potential pause in their hiking cycles as interest rate rises feed their way through to the economy. Striking a balance between relying on data and less tangible indicators on the health of the economy will be a major task for central banks in the weeks ahead.

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