Pound at new 20-month high vs euro on diverging central bank bets

Sterling touched a new 20-month high against the euro on Tuesday, driven by diverging interest rate expectations for Britain and the euro zone, though concerns over economic growth and EU ties kept the currency broadly flat on the day. Money markets are pricing in a rate hike by the Bank of England at its Nov. 4 meeting, helping the pound rally around 2% versus the euro and the dollar so far this month. The euro meanwhile is being dogged by signs the European Central Bank (ECB) will be among the last to raise interest rates in the developed world.

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China targets online retail sales of $2.66 trln by 2025

China’s commerce ministry said on Tuesday that it aims to see online retail sales in the country rise to 17 trillion yuan ($2.66 trillion) by 2025, from 11.8 trillion yuan in 2020, in a statement outlining its 14th five-year plan for the e-commerce industry. The Ministry of Commerce said that it also aims to see the e-commerce industry, and other related sectors, employ 70 million people by 2025, up from 60.2 million in 2020.

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Worldwide Sports Nutrition Industry to 2026 – Increasing Influence of Organic Sport Nutrition Presents Opportunities

Dublin, Oct. 26, 2021 (GLOBE NEWSWIRE) — The “Sports Nutrition Market Research Report by Product, by Distribution Channel, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering. The Global Sports Nutrition Market size was estimated at USD 10.70 billion in 2020 and expected to reach USD 11.93 billion in 2021, at a CAGR 11.85% to reach USD 20.96 billion by 2026.Market Statistics: The report provides market sizing and foreca

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