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Rate cut hopes drive further STI gains

News of Xi-Trump meeting, dovish central banks and hopes of rate cuts by Fed lead to momentary euphoria

JUDGING from recent sessions, most investors seem sold into thinking that rate cuts by the US Federal Reserve are a certainty.

With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an "extended meeting" at the G-20 summit, and dovishness from other...