Rubber
Futures in Tokyo May Decline as Falling Oil Price Reduces Appeal
Rubber
little changed may decline for a third day as concerns over the debt crisis and
falling crude oil prices reduced the appeal of the commodity used in tires and
gloves.The January-delivery contract declined as much as percent to yen a
kilogram before trading at yen a kilogram on the Tokyo Commodity Exchange at
local time.
Asian stocks fell for the first time in four days as the yen
rose toward a post-World War II high and two Federal Reserve officials said they
opposed a pledge to keep interest rates at record lows. Oil dropped from a
two-day high in New York as investors speculated that increasing crude
stockpiles in the indicate weaker fuel demand in the worlds biggest consumer of
the commodity.
Rubber moves in tandem with negative oil prices Ker Chung
Yang, an analyst at Phillip Futures Pte,As the semiconductor technology,
information network technology, embedded computer technology and automotive wholesale consumer electronics
mechanical and electrical integration said by phone from Singapore.Find tower crane related suppliers,
manufacturers, products and specifications on GlobalSpec - a trusted source of
tower crane design information. The stronger Japanese currency also reduced the
appeal of yen-denominated contracts he said.If you looking forlawn mower, then you are the right place. You
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mower..Federal Reserve Chairman Ben Bernankes pledge last week to keep rates
near zero until mid was inappropriate policy at an inappropriate time Charles
Plosser president of the Fed Bank of Philadelphia said yesterday in a Bloomberg
radio interview. Dallas President Richard Fisher said the central bank shouldnt
enact policy to protect stock investors. Both officials dissented from the Feds
statement. Rubber little changed may decline for a third day as concerns over
the debt crisis and falling crude oil prices reduced the appeal of the commodity
used in tires and gloves
The January-delivery contract declined as much
as yen a kilogram a metric ton before trading at yen a kilogram on the Tokyo
Commodity Exchange at local time.Asian stocks fell for the first time in four
days as the yen rose toward a post-World War II high and two Federal Reserve
officials said they opposed a pledge to keep interest rates at record lows. Oil
dropped from a two-day high in New York as investors speculated that increasing
crude stockpiles in the indicate weaker fuel demand in the worlds biggest
consumer of the commodity.
Rubber moves in tandem with negative oil
prices Ker Chung Yang an analyst at Phillip Futures Pte said by phone from
Singapore. The stronger Japanese currency also reduced the appeal of
yen-denominated contracts he said.Federal Reserve Chairman Ben Bernankes pledge
last week to keep rates near zero until mid was inappropriate policy at an
inappropriate time Charles Plosser president of the Fed Bank of Philadelphia
said yesterday in a Bloomberg radio interview. Dallas President Richard Fisher
said the central bank shouldnt enact policy to protect stock investors. Both
officials dissented from the Feds statement.
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