TOKYO -- Three leading indicators, namely lower copper prices, the inverted U.S. yield curve and depressed shipping rates, have converged to warn of a slowdown in global economic growth.
The price of copper has recently fallen around 20% from this year's peak, according to an index based on three-month futures traded on the London Metal Exchange. Zinc similarly plunged 30% or so, and aluminum by about 20%.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)