Mumbai, April 15 -- COMEX Copper futures are pausing after recent rally as International Monetary Fund (IMF) has lowered its global economic growth forecast, including for China, due to shocks from the US-Israeli war in Iran. The International Monetary Fund on Tuesday projected China's economy to expand by 4.4 percent in 2026. The 2026 figure for China is higher than the October 2025 forecast, though slightly lower than the update in January. Chinese growth would be constrained by weak domestic activity - especially in the housing sector.
IMF has also lowered its global economic growth forecasts for 2026 to 3.1 percent in the World Economic Outlook (WEO) report published on Tuesday, while keeping its projection for 2027 at 3.2 percent. Thi...