Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

Big Iron keeps selling

David Llewellyn-Smith

Monday 27 February 2017

Dalian has opened stable:

But Big Iron hasn’t:

Perhaps port stocks are upsetting things.

Big Gas is down:

Big Gold is firm:

Big Debt is soft as the yield curve flattens:

And Big Spruik has REA going one way but the gruesome FXJ the other which does not make a whole lot of sense:

MEA is up!

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.