Tokyo Commodity Exchange (TOCOM) rubber (15715, 795.00, 5.33%) futures early Wednesday (March 12) plate fell from six-week highs, as the world’s biggest rubber buyer China increased economic uncertainty weighed on market sentiment .
TOCOM rubber futures August contract fell 5.3 yen on Wednesday, at 229.7 yen / kg (0018GMT), while its 10.6 yen closed higher on Tuesday, its highest position since January 24.
Sources involved in the central bank’s internal policy discussions to the media, if economic growth continued to slow, the People’s Bank of China (PBOC) will be taken in 2012 has been the most powerful action, by lowering the cash reserve requirement banks are required to maintain a relaxed monetary policy .
The Japanese government survey data released Wednesday showed that Japan’s first quarter BSI Large non-manufacturing business confidence index showed the country’s form is more optimistic, it also shows that the Japanese government in April raised in pre-tax consumption, domestic demand growth will boost business activities quickly expansion.
Thailand, a senior government official said on Tuesday that the country would enhance the level of alert in Bangkok, anti-government demonstrators occupied Bangkok two months later, the Thai commercial activities and safety pressure increases.
Sanya City in the early weeks, the yen against the dollar traded around 102.89 yen, the yen as a safe-haven currency highlights the advantages of traditional and market economy status to China increased anxiety.
The Nikkei 225 index fell 1.7 percent in early trade Wednesday, and increased U.S. involvement in the Ukrainian political crisis led to warming due to uncertainties Chinese economy.
U.S. crude oil futures prices on Tuesday for the first time fell to $ 100 / barrel below, due to the possibility of an increase in China’s corporate bond defaults and rising U.S. crude inventories led to increased demand for its concerns.
As of March 12 morning Beijing time 9:42, Tokyo Rubber reported 235.5 yen / kg, up 0.21 percent.
Translated by Google Translator from http://market.cria.org.cn/4/19637.html
