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Global deflation fears unwarranted: Franklin Templeton

There should be continued declines in the euro and the yen, while some emerging market currencies are "fundamentally undervalued", says Mr Hasenstab.


CONCERNS about global deflation are overblown and the growing US economy will help bolster financial markets in 2016, according to Franklin Templeton Investments.

The fund manager, which had about US$790 billion in assets at the end of November, sees Treasury yields climbing