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DBS: correction imminent for “Trump Trade” market

In the coming weeks, the market will see “corrections in US and Japanese stocks, coinciding with pullbacks in the US Treasury 10-year yield, the US Dollar Index (DXY), and the USD/JPY” says DBS, which believes that the market has overreacted to the “Trump Trade”. The bank said last week that the “ Trump Trade”, underpinned by bullish developed market equities and a strong…

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