| Commodities markets hit fresh lows in early Asian trading on Monday as fears spread that a more severe slowdown in China would pull down other economies in the region, denting energy and raw material consumption. In Japan, the Nikkei share average tumbled more than 2 percent to its lowest level in nearly five months on Monday as worries over slower growth in the Chinese economy intensified.
The weak sentiment in Asia also hit oil, the dominant fuel for transportation and most traded commodity. The two most important crude futures, U.S. West Texas Intermediate (WTI) and the global benchmark Brent , hit fresh 6-year lows on Mondays to levels last seen during the peak of the credit crunch of 2008/2009...............................................Full Article: Source
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