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Focus - US sector review October 2022

We take another look at key S&P 500 sectors and the biggest shares within the sectors. The decline over the last month was led by the Utilities sector, with the Communications sector still down the most year-to-date. Energy and Health Care continue to hold up on a relative basis.

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Rate hike expectations are shifting swiftly across the major FX rates as US bank wobbles and fears spread. This is making FX rates jumpy, and further choppy trading looks likely in the near term. Our

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