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Bank of Singapore: Too early to buy on dips

Despite the latest trade spat-related developments triggering another sell-off in risk assets, Bank of Singapore believes it is still too early to add more exposure to equities. Since earlier this week, global cross-asset performance has reflected risk-off sentiment, and the S&P 500 fell noticeably after China announced its intention to apply tariffs to more US goods while safe-haven Treasuries rallied….

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