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Traders grapple with US rate outlook

ST Index's early gains were more than wiped out as the HK market pulls back in the face of Dow futures weakness
Friday, September 23, 2016 - 05:50

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THE Straits Times Index (STI) on Thursday underwent a volatile session as traders struggled to come to grips with the US Federal Reserve's latest statement and dot plots, the former suggesting a December interest rate hike, while the latter suggested only two instead of three rate hikes next

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