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The US 10-2 year yield curve widened the already inverted yield curve yesterday, forecasting again that the US is likely to head into an official recession, after already being in two quarters of negative growth, the traditional measure
A sanctions package against China is on the cards in the US. This is to deter the country from invading Taiwan -- corporate America continues to have to draw up contingency plans as public sentiment would expect them to cease China operations, comparable to how western businesses left Russia
UK consumer inflation fell to 9.9% in August, better than the forecasts of a rise to 10.2% expected from the 10.1% reading in July
Data out yesterday showed that the cost of living crisis had allowed German owned Aldi to move ahead of Morrison's to become the UK's fourth largest supermarket chain behind Tesco, Sainsbury's, and Asda
Honda responds to talk and states that it has no plans to separate and list its motorcycle unit, after local reports that such a move was being considered
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Please note that the presented content refers to the Oval group which contains two legal entities: Monecor (London) Limited authorised and regulated by the UK Financial Conduct Authority (FCA) with Financial Services register number 124721. Monecor (Europe) Limited authorised and licensed under the Cyprus Securities and Exchange Commission (‘CySEC’) with license number 096/08.