Tokyo Commodity Exchange (TOCOM) rubber futures prices on Tuesday (April 8) in early to rise, due to a rebound in international crude oil prices offset the impact of the Japanese stock market downturn brings.
TOCOM rubber futures contract prices in September rose 0.1 percent at 221.3 yen / kg (0025GMT), while its Monday fell 1.9 yen.
Japanese government data released on Tuesday showed that Japan’s February current account surplus slightly wounded five recipients increased its exports to Asia and overseas investment income.
Bank of Japan (BOJ) on Tuesday announced the postponement will expand the scale of economic stimulus, adhere to rely on current plans deflationary pressure due to the consumption tax increase resulted in the world’s third largest economy, Japan’s economic future is uncertain.
The World Bank lowered its 2014 economic growth in East Asia is expected, but it also means that the economic growth in the region over the next few years will stabilize, helped by global economic growth and increased trade.
Asian city early Tuesday, the yen rose against the dollar at around 102.88 yen, due to weaker than expected U.S. jobs data last week continued to suppress investor interest.
The Nikkei 225 index fell 0.9 percent on Tuesday, as U.S. stocks fell overnight weighed on the market sentiment.
U.S. crude oil futures rose in early Asian city on Tuesday $ 101 / barrel, due to the situation in Ukraine, U.S. crude oil inventories increased warming offset the impact.
As the morning Beijing time on April 8, Tokyo Rubber reported 224.7 yen / kg, up 1.58 percent.
Translated by Google Translator from http://market.cria.org.cn/4/20116.html
