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Rising global risk appetite supports emerging market equities, says HSBC

HSBC Private Bank, in its latest market outlook, believes that it is time to buy low for emerging market equities, given the Fed’s “cautious” attitude towards further rate hikes and a general stabilization in the markets. Noting that a global risk appetite is likely to remain due to the Federal Reserve’s “gradual approach” towards further rate hikes, as well as a…

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