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Lates News
16/09/2025
Dutch government: Expected investment to decrease by 0.7% this year.
Latest
1 m ago
Michelin: Global original equipment tire market decreased by 2% year-on-year in August.
2 m ago
US stocks fluctuated | Announced a maximum of 750 million US dollars of additional share offering plan; Rocket Lab (RKLB.US) fell more than 10%
3 m ago
US stocks on the move | Ctrip (TCOM.US) up more than 2% "Double Festival" approaching, tourism market continues to heat up
8 m ago
Bank of America survey: Pound sterling is the most overvalued currency in nearly a decade.
8 m ago
According to the September global fund manager survey conducted by Bank of America, the British pound is considered to be the most overvalued currency in nearly a decade. The survey results show that currently, 12% of investors (net percentage) believe the pound is overvalued, which marks a significant reversal from a month ago when only 3% of investors believed the pound was undervalued. This means that the current overvaluation of the pound has reached its highest level since December 2015. Data from the London Stock Exchange Group (LSEG) shows that as of this month (during the survey period), the pound has risen by about 1% against the US dollar; and the pound has accumulated a 9% increase against the US dollar so far this year.
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