Scoreboard: Mixed bag

Wall Street recovered from a weak start as investors digested the latest IMF growth forecasts and Chinese data, while oil prices slid further and gold hit a five-month high.

In US economic data, the National Association of Home Builders index was steady at 57 in January, short of expectations for a rise to 58.

The International Monetary Fund expects the global economy to grow by 3.5 per cent in 2015, up from 3.3 per cent growth in both 2013 and 2014. The IMF revised up forecasts for US growth.


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