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House View Weekly: Holding grounds on risk assets

The expected no-hike scenario materialised and whilst hints of a 2015 hiked bumped markets slightly on the back of a statement by Fed Chairman Janet Yellen’s hinting that a rate increase this year “will likely be appropriate”, markets remained range bound. The Nikkei was down 1.2% this week; the Eurostoxx was down 2.8% (as of Friday’s opening); the S&P was…

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