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Equity correction to persist: DBS

Singaporean lender, DBS, has said that it expects a correction in global equity markets due to heightened FX volatility and central banking policies. Since 19 April, 4% has been shaved off the MSCI All Country World Index, reversing a short-lived, two-month rally. Risk aversion has since intensified, as investors keep a cautious eye on: a surge in FX volatility widely perceived…

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