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Bank of England hikes but GBP falls on weak economic outlook
Bank of England hikes but GBP falls on weak economic outlook

A Bank of England rate hike was expected, but the market has reacted to a deterioration in the UK economic outlook. GBP is under mounting selling pressure.

Espresso Morning Call: Indices rally after latest sell-off
Espresso Morning Call: Indices rally after latest sell-off

Another sell-off has taken Wall Street to levels not seen since April 2021. The bulls are attempting to rally this morning, but rebounds have struggled recently. Meanwhile, the USD is consolidating.

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