Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

Big Iron slides with Dalian

David Llewellyn-Smith

Wednesday, 19 October 2016

Big Iron is off today with BHP -1.4%, RIO 0.5% and FMG flat as Dalian pukes its overnight gains at the open:

Big Gas is firm with WPL 0.4%, OSH 0.8%, ORG -07% and STO 1.9% after another oil draw in the US this morning:

Big Gold is off and running with NCM 2.8%, RRL 0.9%, IGO 3%, SBM 4% and EVN 2.5%:

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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.