Susan Kilsby Agriculture Economist at ANZ, points out that the New Zealand’s ANZ World Commodity Price Index fell for a fifth consecutive month, down 2.4% m/m in October. Key Quotes “The drop was identical to the monthly fall recorded in September1 . Annual growth (-5.6% y/y) is the weakest since mid-2016. The index was driven down by weaker prices for most commodities.” “Weaker world prices were partially offset by the softer NZD, which was down 0.2% m/m on a trade-weighted basis. The NZD index fell 1.6% m/m. Annual growth in the NZD index still remains positive for now, slipping from just under 6% in September to 1.6% y/y.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Solid hiring activity in October boosted by weather payback – Nomura FX Street 4 years Susan Kilsby Agriculture Economist at ANZ, points out that the New Zealand's ANZ World Commodity Price Index fell for a fifth consecutive month, down 2.4% m/m in October. Key Quotes "The drop was identical to the monthly fall recorded in September1 . Annual growth (-5.6% y/y) is the weakest since mid-2016. The index was driven down by weaker prices for most commodities." "Weaker world prices were partially offset by the softer NZD, which was down 0.2% m/m on a trade-weighted basis. The NZD index fell 1.6% m/m. Annual growth in the NZD index still remains positive for now, slipping from… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
