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Market volatility to remain in the near term, partly driven by US fed rate hikes


PETALING JAYA: AmBank Group is expecting market volatility to remain at least in the near term despite an improvement in the intra-day trend.

Its chief economist and head of research Dr Anthony Dass on Tuesday said this would be partly driven by the US Fed rate hike aggressiveness and the potential incoming data that would indicate European Central Bank’s (ECB) ability to end the quantitative easing (QE) by end-2018.

Corporate News , Economy

   

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