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Expectation soars for December Fed rate hike

Meanwhile, sentiment stays near record lows for emerging markets, as China attracts more flows but India falls out of favour, finds Bank of America Merrill Lynch’s fund manager survey.
Expectation soars for December Fed rate hike

Investor sentiment on emerging markets remains near record lows, amid a strong consensus that the US Federal Reserve will raise interest rates next month, according to Bank of America Merrill Lynch's monthly fund manager survey.

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