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J. Safra Sarasin: China’s recovery to boost EM assets

Trade tensions provide China with the “perfect narrative” to continue loosening domestic policy, ultimately benefitting overall emerging market assets, according to J. Safra Sarasin. The bank’s central scenario is that assets will perform well later in the year as China recovers further, while the USD will likely face pressures given capital flows to EM, the pure play said, adding that…

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