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Indosuez WM: Asian equities to diverge further

Despite a relatively synchronised slowdown in Asian growth, economic divergence within the region appears to be growing, according to Indosuez Wealth Management. “We are cautious about the Southeast Asian markets as the consensus view expects the growth slowdown to persist in the near term until year-end due to trade tensions, the tech downcycle, and a slowing Chinese economy,” Arjan de Boer,…

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