WOCU Re-weighting – Brazil and Turkey both Turkeys

The first routine Re-weighting of 2019 was conducted on May 16. Brazil and Turkey both dropped down in the league table, each having suffered around a 15% decline of their particular part of the WOCU pie. Australia and India also dropped back.

Eurozone league climbers France, Italy and Spain (along with Germany entrenched at #4 and the Netherlands at #17) helped push the Euro proportion of the WOCU up from 16.07% to 16.38%.

The Rouble (at #13) consolidated its stand-out November 2018 reweighting gains; now up to 2.39% of the WOCU.

The WOCU constituent table, rounded to the nearest whole % point, now stands at:

1 United States 30%
2 China 20%
3 Japan 7%
4 Germany 6%
5 United Kingdom 4%
6 France 4%
7 India 4%
8 Italy 3%
9 Brazil 3%
10 Canada 3%
11 Russia 2%
12 South Korea 2%
13 Spain 2%
14 Australia 2%
15 Mexico 2%
16 Indonesia 1%
17 Netherlands 1%
18 Saudi Arabia 1%
19 Turkey 1%
20 Switzerland 1%