30.09.2008 - Scotiabank commodity index plunges 8.9%
From Globeinvestor.com: The U.S. financial crisis and swings in the U.S. dollar have pounded the resource sector, sending the Scotiabank Commodity Index plunging 8.9 per cent in August. After seven consecutive highs, the drop was the largest one-month decline since April, 2003, when the “war premium” in oil prices eased, and U.S. and European manufacturing momentum was lost in the aftermath of the Iraq War, says Patricia Mohr, vice-president of Scotia Economics and a commodity market specialist...... Full Article: Source
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