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Market Strategy – Flying through the clouds

Strategy Note 05/03/2021    202

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  • Manufacturing sector expanded further with Feb PMI climbing to 51.6pts.
  • Total export-import turnover reached US$95.8bn (+25.5% yoy) in the first two months of 2021 despite the shortage of empty containers in Asia.
  • Inflationary pressure bounced back with CPI rising 0.7% yoy in Feb 2021.

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