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World Interest Rates
USD 3.25% EUR 1.25%
JPY -0.10% GBP 2.25%
CHF 0.50% CAD 3.25%
AUD 2.35% NZD 3.00%

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Saudi Arabia will send more oil to China

China is poised to expand its oil trade with Saudi Arabia, and Xi's visit strengthened ties between the world's No. 2 economy and the world's top oil supplier.

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Panic raising of interest rates in the United States

Inflation is coming full force. The Federal Reserve raised the key interest rate by 0.75% to 3.25% today.

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Such an increase in interest rates had not happened in 27 years

Bank of England imposes biggest interest rate rise in 27 years. Up 50 basis points to 1.75%.

After the Bank of England news, the pound fell 140 pips to 1.2065, but then slowly recovered to 1.2148 and looks set to continue its recovery in the next few hours.

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