[Ferro-Alloys.Com]It is reported that London copper hit 1 month low on Monday after disappointing earnings from leading US companies and a bigger than expected fall in Japan's exports dented appetite for riskier assets.
Asian equities dipped after US stocks suffered on Friday their worst day since late June, following disappointing results from Dow components General Electric and McDonald's both barometers of the overall health of the world's largest economy.
Investor mood was further dampened by data that showed Japanese exports fell more than expected in September and sentiment among manufacturers tumbled the most since last year's earthquake.
Fears over the world's third largest economy were further underlined by Bank of Japan Governor Masaaki Shirakawa's warning that the country's now resilient capital spending may be hurt.
- [Editor:editor]
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