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Commodity Contagion Spreads as Raw Material Crash Threatens Calm

  • Miners and energy stocks falling as other sectors climb
  • Emerging-market currencies roiled led by producer nations
Bloomberg business news
Commodities slide into correction territory amid rising global trade tensions. Source: Bloomberg)
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Don’t be fooled by the relative calm across financial markets: The inputs in the global supply chain are flashing warning signs.

Commodities have approached correction territory, under pressure again on Thursday in the face of the resurgent dollar and lingering global trade tensions. Among the recent milestones: Copper dipped below $6,000. West Texas Intermediate crude tested $70. Gold crashed through $1,220.