| From Etftrends.com: The International Monetary Fund (IMF) likes Australia’s chances this year and in turn, boosted its previous forecast for expansion for the economy. Australia’s exchange traded fund (ETF) could grow on commodities demand from China, the fund says.
China should demand enough commodities from Australia to prompt more growth this year than was previously forecast. Jacob Greber for Bloomberg reports that the IMF says gross domestic product (GDP) will expand 2.5% in 2010 and 3% next year.......................................Full Article: Source
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