Tag: recession
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GBP/USD Drops Following Bank of England’s Indication of Fewer Future Rate Increases
GBP/USD dropped following Bank of England’s indication of fewer future rate increases and revised economic forecasts.
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Analysis of UK Stock Funds Reveals Record Loss of $10 Billion in 2020
Analysis of UK Stock Funds in 2020 reveals a record loss of $10 billion due to a tumultuous period in British politics, high inflation, the conflict in Ukraine, and central banks shifting from monetary easing to tightening.
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The Potential Move From Mutual Funds to ETFs During a Bear Market in 2022
As the bear market continues to ravage the market in 2022, investors are increasingly turning to exchange-traded funds (ETFs) to capitalize on the opportunities presented by the volatile markets.
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Asian Currencies are taking A Hit Against the US Dollar
Asian currencies have fallen due to worries about China’s slowing economic development and remarks from the US Federal Reserve.
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Xiaomi Under Trouble Due to Global Recession
Xiaomi’s revenue for the second quarter of 2020 fell by 20% compared to the second quarter of 2019.