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Autocatalyst recycling set for growth in 2015

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European equity markets continued their 'strong upside momentum' in this Tuesday's trading session, broker Sucden Financial has stated. This update follows a 'bearish' announcement from the International Monetary Fund which cut the global growth forecast for 2015 to 3.5% from the 3.8% projected last October.

Precious metal prices climbed higher following the update, and gold rallied over 1.2% towards the peak of US$ 1300 per ounce for the first time since August last year. Silver surged nearly 1% to retest the US$ 18 per ounce threshold while platinum and palladium prices also improved on Tuesday. Among the base metals, copper averaged roughly US$ 5680 per tonne while aluminium continued its 'strong rally', growing 1.2% towards US$ 1840.

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