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Markets continue to dance to the tune of ‘Trump trade’

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A lot depends on the incoming Trump administration’s policies.

A lot depends on the incoming Trump administration’s policies.

PHOTO: AFP

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SINGAPORE - Expectations of

United States President-elect Donald Trump’s

pro-growth policies have fuelled the “Trump trade” and sent equity markets into overdrive, the US Dollar Index rallying, and the US 10-year Treasury rising to new recent highs.

The question is how long this euphoria will last.

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