The International Monetary Fund is scheduled to release the first of its regular twice yearly forecast reviews for 2015 on 14 April. One of the five PortfolioDirect guideposts used to judge the cyclical positioning of the resources sector is the extent to which there are upward revisions to global growth forecasts. In that context, IMF forecast reviews provide an input into decision-making about the appropriate allocation of funds to the sector. Currently, only one of the five PortfolioDirect guideposts is “set to green” suggesting the sector remains confined to the bottom of the cycle. The PortfolioDirect weekly investment report is available here: (VIEW LINK)