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My Macro View Update

randholm
January 20, 2015 9:23 pm / Published in Market Update

My Macro View Update

The International Monetary Fund lowered its forecast for global economic growth in 2015

Oil fell as much as 5 percent

Iran hinted prices could drop to $25 a barrel without supportive OPEC action

Equities rose worldwide on Tuesday, with Wall Street reversing early losses and the dollar rising 1 percent against the Japanese yen, as diminishing global growth prospects bolstered hopes for central bank stimulus.

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