Bank of Singapore warns of “short-term pullback” in YTD rally

28 February 2019 | 1 minute read

With the rally in global equities going into its ninth week of consecutive gains, Bank of Singapore cautions that a short-term pullback cannot be ruled out, recognising that valuations are not as attractive as they were two months ago. “Over the longer term, for the rally in risk asset prices to be sustained, we will need to see signs of…

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