The synchronised global expansion and buoyant markets have been able to withstand a number of crucial questions. How will extreme levels of monetary policy accommodation eventually be unwound? Are the reflationary, pro-growth elements of President Trump's agenda alive or dead?
When will a long forecasted increase in government bond yields materialise? What is the impact of a wildcard such as North Korea? As unsettling as it may be, we do not expect complete clarity on these...
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Effective 7 January
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