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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (4132)	6/3/1998 9:23:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 9980

Worswick. We have not seen any discussions on the relationship between the Russian economy and the Asian malaise, but they are related through the deflationary wave in commodities. Russia main hard currency generation is raw materials, not space ship nor even weapons anymore. The Asian malaise is exercising a major pressure on oil metals and other commodities, mostly through drastic reduction of demand for these (look at our own wheat and corn market. I have not seen them that week since the early 80'). Zeev