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Commodity prices saw a rebound especially after improvement was seen in the global economy, but as long as oil holds in the range of USD 45-55 per barrel any dip in the emerging market equities will be a good opportunity to buy, Geoff Lewis, Global Strategist-Capital Markets Group, Manulife Asset Management said. “We saw in rebound in iron ore prices which was far sharper than fundamentals. I think as long as oil holds between USD 45-55 per barrel and economic data continue to be good in global economies emerging markets (EMs) will be a good buying opportunity on dips.
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