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Data-driven market volatility to persist this week

SINGAPORE – As this column predicted last week, September has turned out to be a volatile month for the market as investors fretted over the muscular US dollar, the sputtering Chinese economy and stubbornly high US bond yields.

Meanwhile, the rise in the Institute of Supply Managers index to a four-month high at 68.9 per cent in August indicates that the United States economy remains strong.

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