Risk assets rally after ‘overdone’ sell-off

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Risk assets rally after ‘overdone’ sell-off

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GDJN35 Mangiabarche Sardinia, Italy. Storm. Waves smash against lighthouse or beacon | Alamy Stock Photo

After a sudden rush to haven assets, investors are turning back to risk this week, indicating the sell-off in emerging markets may have been “overdone”, or at least, premature. However, spreads are still wider and the mood is cautious.

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