Bloomberg commodity index at its lowest since at least 1991
|By FXStreet FXStreet (Bali) – The carnage in commodity assets has been so dramatic over the past few year, that now Bloomberg commodity index has hit its lowest since at least 1991.
As Bloomberg explains: “The index is made up of 22 exchange-traded futures on physical commodities. The index currently represents 20 commodities, which are weighted to account for economic significance and market liquidity.”
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Source:: FX Street