BOSSA.CZ (BOSSA.CZ)
Commodities  |  October 08, 2012 07:56:00

View Asian economies tripping commodities


Asian stocks and other risky assets during today's Asian session fell following the announcement of the World Bank (WB) to reduce the growth outlook economies of East Asia. China's GDP, driving force of the world economy in recent years and the biggest buyer of commodities, according to the WB had this year to grow by 7.7 percent, which was the lowest in more than a decade. At this prognosis also reacted negatively commodity prices weakened U.S. oil and Brent crude, gold prices fall even further, especially industrial metals.
European indexes futures weaken and probably also to forgo profits from last week still expected to resume Spain, to ask for financial help, or self-sufficient internal recapitalization of banks. Analysts agree that any request for assistance from the outside should encourage European markets.
Below graph futures price of copper as an industrial metal reacting to reduced growth outlook economies of East Asia and the Pacific.
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