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Risk assets hit as China, US data stirs recovery w

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Post# of 28539
Posted On: 04/15/2013 4:42:55 AM
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Posted By: testuser
Risk assets hit as China, US data stirs recovery worry

Pedestrians holding umbrellas stand in front of a stock index board showing various stock prices outside a brokerage in Tokyo By Marc Jones LONDON (Reuters) - Commodities led a sharp, broad decline in risk assets on Monday as weaker-than-expected Chinese data added to concerns raised by U.S. numbers about the global economic outlook. Oil fell towards $100 a barrel, copper dropped to its lowest level in eight months, while commodity-linked currencies including the Aussie and Kiwi dollars were also hit hard. China's recovery unexpectedly stumbled in the first three months of 2013, as it reported its annual growth rate eased to 7.7 percent from 7.9 percent in the final quarter of last year. ...




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