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For Infosys and TCS, the COVID boom is ending without profit margin repair

The FY24 profit margins of Infosys and TCS are lower than in pre COVID years

Tata consultancy servicesFor infosysT companies earnings4 fy23It stocksRevenue slowdownProfit marginsGrowth headwinds

Road Bumps Ahead in the Reflation Trade Bodes Well for Yen, Poorly for Pound: Q4 Top Trades

The global reflation narrative lost steam going heading into the fourth quarter as Covid's Delta strain weighed on economic activity. That may bode well for the Japanese Yen versus the British Poun.

United statesUnited kingdomThomas westwaterCovid deltaBritish central bankEvergrande groupBritish poundJapanese yenDescending triangleGrowth headwindsBumps aheadReflation trade bodes wellDescending triangle shows possible

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