Wed, Sep 30, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Index, Performance more

Nikkei Commodity Indexes paint gloomy picture

Posted on 03 December 2015

The Nikkei Commodity Indexes in November saw their biggest year-on-year declines since the autumn of 2009, when the global economy was still suffering from the collapse of U.S. investment bank Lehman Brothers a year earlier. The sharp downturn is casting a dark shadow over the global economy.
The Nikkei provides two commodity indexes. One tracks wholesale prices of 42 major materials — including crude oil, metals and foodstuffs — sensitive to economic trends; the other follows 17. Monitoring year-on-year changes in the readings allows for better global economic forecasts………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
September 2020
S M T W T F S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930