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7. Tactical Views

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7. Tactical Views

Equities

  • Preference for value over growth
    • Japan strong but policy-sensitive
    • China tactical, not structural

Rates

  • No clear easing signal
    • Duration risk remains

FX

  • USD supported
    • JPY near critical level
    • CNY تحت ضغط نسبي

Commodities

  • Oil range-bound near $100
    • Gold stable without momentum