In other words determine the impact on interest rates of

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In your market view, you will refer to the market marker from the country you have chosen e.g. for SIBOR but also to the overnight repo rate as this is the key indicator in Singapore and any changes in this rate is likely to trigger changes interbank market. In you market view you need to make links between changes in interest rate and the economic data that you have chosen to support your view. In other words, what could be the impact on interest rates of expected inflation, central bank interventions, foreign exchange.

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