Daily Report: IMF Raised Global Forecast, ECB and BoE in Focus

Japanese yen is sharply lower today as Asian equities soar following 2.82% rally in DOW overnight. IMF raised forecast of global growth from April’s projection of 4.2% to 4.6%. Though, growth for 2011 was unchanged at 4.3%. The IMF report stated that "The new forecasts hinge on implementation of policies View full post on Action Insight (All Reports)