Monday 8 October 2012

BUY SYOREFIDR (OCT.) ABOVE 626

 TG-628/630.50/633.50

 SL-623.90

The IMF will lower its forecast for global economic growth to 3.3% this year and 3.6%

in 2013, from earlier projections of 3.4% and 3.9%, respectively


The IMF expects the eurozone economy to shrink by 0.4% this year before recovering


to a 0.2% growth in 2013, China's GDP growth for 2013 has been pegged at 8.2%,


versus a previous forecast of 8.4%, while India's GDP growth is seen at 6% as opposed


to a previous forecast of 6.6%. Brazil's growth has been projected at 4% versus 4.7% 



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