Mining GFC claims more currencies

Advertisement

The Mining GFC had a mixed night. The US dollar sagged:

tvc_dc1382892f7019e3ede0cc443dc7a67f
tvc_f3df855ac05444ecbf01d593e53bc9b0 (1)

That lifted base metals:

Advertisement
tvc_9da3dce06e412d6bc69262f1285dc942

But not oil:

tvc_f3df855ac05444ecbf01d593e53bc9b0 (1)

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.