Singapore Stock Market News
ASIA : Relief rally post Fed move?
StockFanatic
Publish date: Thu, 17 Sep 2015, 03:03 PM
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UBS - Use any relief rallies to position into quality cyclicals
EM equities and currencies usually fare the worst prior to a Fed rate hike, but after the move, we have usually seen relief rallies. However, the extent of the recovery this time may not be as strong given the slowing growth. We would use any recovery to position into quality cyclicals while we still like the defensives.
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