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Profit-taking, Japan QE let-down weigh on global mkts: Lakefield

In an interview to CNBC-TV18 Verstraete says its profit taking together with disappointment from Japanese quantitative easing (QE) which underwhelmed investors. Also, consumers in US have not spent as much as expected.

August 02, 2016 / 21:45 IST
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Most global markets traded down anywhere between 0.5 - 2.0 percent in early trade Tuesday but Bruno Verstraete, Partner at Lakefield Partners is not too worried.In an interview to CNBC-TV18 Verstraete says its just bit of profit taking together with disappointment from Japanese quantitative easing (QE) which underwhelmed investors. Also, consumers in US have not spent as much as expected, he says. Transcript to follow...

first published: Aug 2, 2016 09:38 pm

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