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Weekly Market News

21.09.2020

US: Fed signals interest rates to stay near zero through 2023

The Federal Open Market Committee (FOMC) has maintained its target federal funds rate in the range of 0% to 0.25% in its September meeting, and will continue the asset purchases at least at the current pace of...

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14.09.2020

Argentina: Sovereign credit ratings upgraded after debt revamp

Last week, S&P Global Ratings raised its long-term foreign and local currency sovereign credit ratings on Argentina to 'CCC+' from 'SD', or selective default, effectively pulling the cash-strapped country out of default territory...

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07.09.2020

US: Ongoing uncertainty related to COVID-19 clouds business outlook

According to the latest Beige Book published by the US Federal Reserve Board, economic activity increased among most districts, but gains were generally modest and activity remained well below levels prior to the COVID-19...

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