Tokyo Commodity Exchange (TOCOM) index fell to a week of glue low Thursday, and by the weak US economic data weighed on oil prices.
0055 GMT, TOCOM 5-month rubber contract (JRUc6) (0 # 2JRU 🙂 fell 1.6 yen to 200.6 yen per kilogram, is the lowest since November 29, fell 1.9 yen the previous day.
US consumer spending modest increase in October, and a measure of business spending plans fell the second consecutive month, suggesting that economic growth slowed somewhat.
Petroleum Exporting Countries (OPEC) oil-producing Gulf region on Thursday will not propose cuts, in order to reduce the possibility of joint action to support OPEC oil prices. Since June, oil prices have fallen by a third.
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Dollar, disappointing US data triggered fears that the US economy or losing momentum in the final months of 2014. Dollar-yen is currently reported to 117.54.
Japanese stocks fell on Thursday, with the Nikkei futures midday encounter selling pressure due to the expansion of the earlier weak US economic data and a stronger yen and stimulate the decline.
Translated by Google Translator from http://news.cria.org.cn/4/24695.html
