Global growth forecasts cut by World Bank – Deutsche Bank

Research Team at Deutsche Bank, note that the World growth forecast for 2015, 2016 and 2017 have also been cut to 2.5%, 3.0% and 3.1% from the previous 2.9%, 3.2% and 3.2%, respectively by World Bank.
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Gold struggles to take out key fib resistance

Gold prices recovered off lows in early Europe, but the gains remain capped at USD 1136.82/Oz (61.8% of 1156.70-1104.66) levels.
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