Affected by the global economic slowdown bearish impact, Shanghai rubber tumbled suffered heavily suppressed empty square.
The IMF released the same day, “World Economic Outlook” forecast, factors dampen global economic activity is expected to subside in 2013, global growth will accelerate. IMF forecasts global average economic growth rate will reach 3.5% this year, higher than the 3.2% in 2012, but 0.1 percentage points lower than in October last year, the organization forecast.
Which, IMF U.S. is expected to grow by 2% this year and next year, an increase of 3%;, although the tail risk has been reduced in the euro area periphery countries sovereign financing conditions improve, but the IMF is still the euro zone growth forecast of 0.3 percent is expected in 2013 will shrink 0.2%. Meanwhile, IMF expects emerging markets and developing economies will grow 5.5 percent this year, China will continue to maintain high-speed growth of 8.2% this year.
U.S. is recovering, Europe receded, China is still on track, the global economy has been in recovery, most markets have now pick up. China’s economy is still motivated the U.S. economy lowest point in the past, and this year will grow 2.5% next year, an increase of 3%. But the recovery is still jobless recovery, the global employment situation is still not optimistic. At the same time, whether it is in the United States, the euro area, the UK, or Japan, the world’s major central banks are being implemented unconventional monetary policy of low interest rates and unprecedented attempt to rescue the economy from recession.
Thus, macroeconomic still affect Shanghai rubber major factor in economic pessimism, to result Shanghai rubber Difficult down.
Source: CRIA
