Friday, 27 May 2011

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Tokyo Futures Fall on Firmer Yen, Growth Worries

  • Friday, 27 May 2011
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  • Key Tokyo rubber futures fell from one-month highs on Friday (May 27), hurt by a stronger yen and growing concerns over the sovereign debt crisis in Europe and the growth outlook. FUNDAMENTALS The benchmark contract on the Tokyo Commodity Exchange for November delivery, which debuted on Thursday (May 26), was down 4.4 yen or 1.1 percent to 387.0 yen per kg as of 0030 GMT. The contract



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