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All calm on the Big Iron front

David Llewellyn-Smith

Friday, 17 March 2017

Dalian is calm today:

Big Iron is easing back as FMG is set up for a monster head and shoulders top, or not:

Big Gas has eased too as the afterglow of pwning the PM passes:

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Big Gold is up again though modestly. I’d be taking profits here if I were trading:

Big Debt is rebounding:

And Big Spruik is soft:

Avagoodweekend.

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.