Dependent variable: D(M2)

Excluded

Chi-sq

df

Prob.

D(COCOA)

0.917677

1

0.3381

D(CRUDE)

0.711073

1

0.3991

D(GOLD)

0.636218

1

0.4251

All

2.219480

3

0.5281

Dependent variable: D(COCOA)

Excluded

Chi-sq

df

Prob.

D(M2)

3.046236

1

0.0809

D(CRUDE)

1.632285

1

0.2014

D(GOLD)

1.147386

1

0.2841

All

5.925048

3

0.1153

Dependent variable: D(CRUDE)

Excluded

Chi-sq

df

Prob.

D(M2)

0.526523

1

0.4681

D(COCOA)

0.340604

1

0.5595

D(GOLD)

4.117142

1

0.0425

All

9.377184

3

0.0247

Dependent variable: D(GOLD)

Excluded

Chi-sq

df

Prob.

D(M2)

7.221253

1

0.0072

D(COCOA)

0.850142

1

0.3565

D(CRUDE)

4.811758

1

0.0283

All

12.93593

3

0.0048