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RRR cut sign of things to come, according to Deutsche outlook

While some have viewed the PBOC’s decision to cut RRR and interest rates over the weekend as a result of last week’s tumultuous A share market performance, Deutsche Asset & Wealth Management’s 2H15 Market Outlook Press Briefing on Friday suggested further cuts are in the pipeline. Speaking at the press briefing last Friday (27th June), Sean Taylor, regional investment head,…

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