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Email this article: Economic soft patch hurting commodities, gold continues to frustrate bulls
Posted: Sun May 6, 2012 12:18 pm
UAE. Economic activity during Q2 is showing signs of a slow-down. Of concern is especially US economic data and uncertainty about the political direction in China combined with data pointing towards a further fall in its economic output.
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DAVOS. Optimism in global economic growth reaches record level and rises in all countries; US reinforces its lead on China as a target market for growth in 2018; Terrorism, geopolitical uncertainty, cyber and climate change rise as threats to growth.
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