Tokyo Commodity Exchange (TOCOM) rubber (13150, 30.00, 0.23%) futures on Tuesday (October 28) lower, the yen rose and Japanese stocks dragged down, while traders await the Federal Reserve (FED) Minutes of meeting thin trading.
TOCOM rubber April contract fell 1.7 yen, reported 197.2 yen / kg, its March contract price fell 3.1 yen on Monday.
Data released Monday showed the US services sector growth in October fell to a six-month low, while Texas October manufacturing output also declined, suggesting an increase in the fourth quarter to put the US economy slow.
FED on Tuesday (October 28) released late meeting minutes, but the market is confident that it will be announced to stop QE.
Japan’s September retail sales index rose for the third month in a row, showing an increase in consumer spending in Japan, which could lead to the Japanese government will once again raised the consumption tax next year.
On Tuesday, the yen fell against the dollar, reported to 107.83 yen / kg, while its Monday had risen to 108.38 yen / kg.
The Nikkei 225 index fell 0.2 percent on Tuesday, as global markets lower Monday, dragged down by the German business index.
US crude oil futures prices on Monday since the 28-month low of shock upstream, due to short covering offset the impact brought by Goldman Sachs lowered the price index.
As of 10:28 am on October 28, Tokyo rubber reported 195.7 yen / kg, down 0.31 percent.
Translated by Google Translator from http://news.cria.org.cn/4/24205.html