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UBS: Rising geopolitical tensions will not derail Asian markets

Mounting geopolitical tensions related to North Korea, Syria, and the French presidential elections are starting to weigh on risk sentiment, although the economic recovery in Asia is unlikely to be derailed, according to UBS Wealth Management. “China’s 1Q17 real GDP grew 6.9% YoY (and up 11.7% YoY nominally), and we believe this confirms that the regional growth reflation is intact…

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