SINGAPORE (Oct 8): Global markets, save for Wall Street, headed into the last quarter of 2018 with a sense of caution. There are reasons to be wary, seeing that developments in the first nine months have not gone according to script, confounding almost all analyst expectations at the start of the year. 

Narratives on the much-vaunted synchronised global growth have all but disappeared. While the US economy is gaining traction, growth momentum pretty much everywhere else has stalled. 

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