TeleTrade - Analytics


518.25 6.50/10
57% of positive reviews

13.01.2016 09:23 Bloomberg Commodities Index hits the lowest level since 1991

Bloomberg Commodities Index, which is composed of futures contracts on 22 commodities, dropped by 1.5% to 74.02 on Tuesday and reached the lowest level since 1991. According to Bloomberg, the weak global growth, the oversupply and the strong U.S. dollar are the reasons for the drop. The slowdown in the Chinese economy also weighs on commodities.

To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree