Shams ul Zoha 
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The Bank of England has announced a program to purchase up to £10 billion in British gilts and £5 billion index-linked bonds daily.
1%/10 Net 30 is a type of payment term that allows businesses to purchase goods and services on credit, with a 1% discount if payment is made within 10 days of the invoice date, and full payment due within 30 days.
Asian currencies have fallen due to worries about China’s slowing economic development and remarks from the US Federal Reserve.
The value of net long positions on the US dollar rose to $13.37 billion in the week ended Aug 16, while net short positions on the euro increased.
Xiaomi’s revenue for the second quarter of 2020 fell by 20% compared to the second quarter of 2019.
BofA analyst raised Dick’s Sporting Goods (NYSE: DKS) price target to $125 per share from $105 on Friday.
Turkey central bank announced new measures on Saturday meant to improve credit availability, days after it shocked markets with a 100 basis-point interest rate cut to 13%.
U.S. stocks have regained some of their losses from the beginning of the year but have recently fallen again.
Warren Buffett is investing in companies that depict a strong outlook for the future. The billionaire is making new investments as per the 13F filings.
