Strategy/Outlook: Of the 19 fund managers polled by OCBC Bank's Wealth Management, 13 do not expect the global economic and earnings recovery to gain traction in 2H11. Cite Eurozone debt woes cited as most worrying factor, besides inflation and rising oil prices…..
Lion Global add USD likely to remain 'pressurised' in 2H11 as Fed not likely to normalise policies in short term vs EU Central Bank and other central banks who will hike rates when necessary.
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