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Commodities Fell as IMF Reduced Global Economic Forecasts

Commodities weakened after the IMF lowered its global economic forecast. The world lender forecast that world GDP would expand +3.5% in 2013 and then +4.1% in 2014. These were below October’s estimates of +3.6% and +4.6% respectively.

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Commodities Fell as IMF Reduced Global Economic Forecasts

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