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Pressures on USD to act as tailwinds for Asia: Fidelity’s Paras Anand

Asia may soon emerge as a leading asset class in the global credit market, Fidelity’s APAC CIO Paras Anand, commented in a note for investors. According to Anand, The Fed’s rate cuts have brought about a new wave of quantitative easing, which have attempted to mitigate the strain that COVID-19 has put on businesses and employees, and trigger greater reform on…

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