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  • The equity market climbed walls of worries on Greece and the sharp crash and subsequent “plunge protection” by policymakers in Chinese equities, to close marginally higher over the month. Globally, commodity prices tracked lower with crude oil price falling 19% m-o-m. The Chinese market crash highlighted underlying vulnerabilities of that economy. Helped by expectations of a policy rate hike by US Federal reserve, the US dollar continues to strengthen. Currencies of commodity producer...........................read more
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