Bitcoin, the decentralized digital currency with global name recognition, has jumped in value once again.
The value of the cryptocurrency surged past ,000 US on May 20, according to data from institutional digital currency exchange GDAX.
Almost one quarter (24 per cent) of homeowners in Canada say they've come up short paying their bills in the last year, according to a new survey released by Manulife Bank of Canada, in the latest sign that over-indebted Canadians are being stretched ...
However the level of the index has increased substantially since the end of the 1990s, rising from a low of 88.1 in May 1999 to a high of 128.2 in September 2001(on a base of 1994-95 = 100.0). The Reserve Bank of Australia (RBA) developed the commodity price index to provide an early indication of trends in Australia’s export prices.
Preliminary estimates for April indicate that the index decreased by 3.5 per cent (on a monthly average basis) in SDR terms, after decreasing by 1.7 per cent in March (revised).
A decline in the iron ore price more than offset an increase in the coking coal price.
Investors can choose to obtain a passive exposure to these commodity price indices through a total return swap or a commodity index fund.A commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices.It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals.Preliminary estimates for February indicate that the index increased by 1.7 per cent (on a monthly average basis) in SDR terms, after increasing by 4.2 per cent in January (revised).An increase in the price of iron ore was partially offset by a lower coking coal price.