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DBS: Global equities push higher but “cautious stance warranted”

Although global equities continue to move higher on favourable data, DBS believes that a cautious stance is warranted due to several looming risks. The global equity rally has been fuelled by the US and Europe, but DBS notes that this “upward grind in risk assets” now appears vulnerable and the bank is wary of slowing momentum despite favourable economic data,…

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