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For example, the car and truck vendor association increased its purchase by almost 30% to 1,294 spots. BNP Paribas Asset Management is looking for commodity prices to push decrease by 5 % to 10 % to consider them a buy. Brent crude oil dropped by 14.5 percent and preventing between Syrian forces (backed by Russia) and the Turkish army intensified in Northern Syria, with elevated causalities on both sides. Central Emerging Europe, Russia and Turkey appear higher positioned to weather this storm on the margin than the eurozone as they have full fiscal and monetary policy flexibility, in keeping with Jarek Tomczynski. BASF SE warned that it might have the lowest progress in production for the reason that monetary crisis and have a second straight year of falling revenue. Wood & Company believes that this creates strong downside risks for GDP progress for the eurozone. Colin Harte, portfolio manager at BNP, mentioned in a Bloomberg interview that if industrial metals similar to copper, iron ore and nickel fall from present prices then the asset manager “will definitely construct up very aggressive lengthy positions in them.” Bloomberg studies that they’ve been neutral and cautious on industrial metals and oil, with gold as an extended-term hedge towards potential risks.