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Singapore REITs and select Japanese sectors to gain from yuan devaluation, says Coutts

The threat of imported devaluation from August’s yuan devaluation could open up opportunities in Singapore REITs and specific sectors in Japan, where the Bank of Japan (BoJ) may be pressured to expands its quantitative easing (QE) program, says Coutts. If the yuan devaluation causes the US Federal Reserve to delay its rate hike on the back of weakened growth, there…

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