Big iron, gas, futures pounded

David Llewellyn-Smith

Wednesday, 23 September 2015

Still having site issues today (and still fixing them) so just the numbers:

BHP down -4.6%
RIO down -2.5%
FMG down -4%
WPL down -3%
ORG down -2.2%
STO down -2.4%
OSH down 1.7%

No new lows for the trend today but everyone is perilously close. Dalian is down sharply some 2% at 466.

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.