Commodity crash flows through to market

AUSTRALIAN mining companies are facing another torrid day on the exchange after commodities and markets were again hammered in overnight trading. Nickel was down as much as 16% on the London Metal Exchange, before recovering slightly towards the end of the day.

Commodity crash flows through to market Commodity crash flows through to market Commodity crash flows through to market Commodity crash flows through to market Commodity crash flows through to market

Wall Street was down another 0.5% overnight, after the previous day’s 2% fall. European markets were again hammered on fears of the Greek crisis spreading, with the FTSE 100 down another 1.

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