03.12.2015 - Nikkei Commodity Indexes paint gloomy picture
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
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