The rally runs on:
Perhaps boosted by the PBOC nothing burger money market rate cut yesterday.
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No change for me. Firm pricing over the next few months, barring a shock, then down into Q2, 2020.
Daily iron ore price update (nothing burger)
David Llewellyn-Smith
Thursday, 21 November 2019
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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.
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