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BNP Paribas Wealth Management: Still bullish on equities

The French lender predicts a single 25 bps rate hike made by the Fed in September this year and whilst equity markets are expected to lack directionality for a while, its base view on equities remains positive especially for developed markets. BNP Paribas Wealth Management believes that “the stars are well-aligned” for Euro area equities in particular Germany, Italy and…

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