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Bovespa-Index futures fall as commodities drop on growth outlook

Posted on 22 February 2013

Bovespa stock-index futures fell, signaling the stock gauge may retreat for a seventh day, as commodities declined on concern China’s property curb and contraction in the euro region will sap global growth.
Iron-ore mining company Vale SA (VALE3) slid in Frankfurt trading. Steelmaker Gerdau SA (GGBR4) may be active after reporting profit in the fourth quarter missed analysts’ estimate…………………………………….Full Article: Source


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