Daily iron ore price update (up we go)

Thursday, 4 July 2013

Find below the iron ore price table for July 3, 2013:

Rebar future also bounced. All of these markets now have good technicals with double bottoms and incipient up trends in place. I reckon this can run some way yet.

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.