Risk aversion reemerged as growth concerns took the centre stage. Disappointing US trade data raised concerns over the country’s 1Q16 GDP growth while IMF MD again warned over exceptionally slow global growth. Equities plunged in Wall Street with DJIA and S&P 500 indices losing -0.75% and -1.01% respectively. Commodities were mixed.
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Renewed Concerns over Sluggish Global Growth Outlook Weigh on Sentiment
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