Commodities were absolutely trounced
Percentage changes in November:
– Copper -11.9%
– Nickel -12.5%
– Wheat -9.5%
– Gold -6.8%
– Natural gas -10.3%
– WTI crude -10.6%
The CRB index fell 6.7% in the month and is at the lowest since 2002. Given that, it’s very impressive that commodity currencies held their ground.
