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Risk premia allocated to North Asian equities are too high: Nomura

Asia is poised to be the brighter spot as the global economy recovers from COVID-19 in 2021, according to Nomura. Asia will enter a “reflation” and Asian currencies may appreciate against the US dollar. The equity rally in North Asia will likely persist and price in the region’s effective response to COVID-19. The Japanese bank posted an optimistic outlook for…

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