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ECB policies unlikely to “deviate” despite recent sell-off

The European Central Bank (ECB) is unlikely to “deviate” from its normalisation trajectory despite recent corrections in risk assets, Pictet Wealth Management has said. European equities, represented by Euro Stoxx 50, have been hit with a 9.4% decrease over the past one and half months, with the index currently standing at 3,325. Even so, Pictet Wealth Management believes that the…

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