By Wayne Cole - Reuters SYDNEY (Reuters) - Concerns about the global economy battered commodities and kept Asian equities subdued on Wednesday, while the euro was pinned near nine-year lows as investors bet the European Central Bank was just a week away from launching a new stimulus campaign. Copper futures suddenly plunged 6.3 percent to $5,489 a tonne as major chart support cracked. The industrial metal is often considered a weathervane of world demand. Not helping the mood was news that the World Bank had cut its 2015 global growth forecasts to 3 percent from 3.4 percent because of sluggishness in the euro zone, Japan and some major emerging economies. "The global economy is at a disconcerting juncture," World Bank chief economist Kaushik Basu told reporters. "It is as challenging a moment as it gets for economic forecasting." More here http://finance.yahoo.com/news/copper-cracks-under-pressure-euro-021439388.html
