Australian banks Australian LNG Australian Shares Commodities Featured Article Gold Iron ore price

Fortescue stumbles to the brink

David Llewellyn-Smith

Wednesday 12 April 2017

Dalian iron ore has held its overnight losses so far today:

As has coking coal:

Big Iron is mixed with BHP and RIO acting like they don’t care but FMG is off another -2%:

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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.