Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

Big Iron flies, Big Gas cries, Big Spruik dies

Thursday, 27 October 2016

Big Iron is up again as Dalian holds overnight gains. BHP is is 0.4%, RIO has broken now at 0.4% and FMG keeps piling it on 0.7%:

Big Gas is going the other way with WPL -0.6%, OSH -2%, ORG -1.1% and STO -0.6%:

Big Gold is still selling off with NCM -0.6%, RRL -3.3%, IGO threatening to break out 2.2%, SBM -2.6% and EVN -0.7%:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.