04.11.2014 - Commodities slide continues in October: RBA
After another fall in October, commodity prices would now have to rise by 61 per cent to get back to their mid-2011 peak. The RBA's index of export commodity prices, measured against a basket of foreign currencies, fell by 1.4 per cent in October. Falls in the prices of iron ore and oil lay behind the latest fall, the RBA said, although the data released by the central bank on Monday showed base metals prices also headed down, losing 1.8 per cent in the month...............................................Full Article: Source
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