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Markets pause as tight US jobs numbers spur Fed rate uncertainty
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November US jobs data showed unemployment falling to 3.7 per cent.
PHOTO: AFP
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SINGAPORE - Tighten your seat belts and hang on. Santa has hit turbulence.
So it must seem to many market watchers that the much-anticipated year-end Santa Claus rally hit a bit of tumult last week as market conviction about a Federal Reserve rate-hike pause weakened somewhat.
