Iron ore prices fell on March 4, 2021 as the global headwinds of rising yields came to bear. A rising US dollar often hits iron ore these days:
Not much else to report today. While global yields and the US dollar rise, iron ore will struggle.
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.
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.
Latest posts by David Llewellyn-Smith (see all)
- Chinese data misses big, economy slows fast - April 16, 2021
- Will Bitcoin destroy the US dollar? - April 16, 2021
- China’s little finaincal crisis rolls on - April 16, 2021
YOU MAY ALSO BE INTERESTED IN
Australia will block iron ore if China invades Taiwan
Some very important articles today point to the
Daily iron ore price update (party time)
The ferrous complex was mixed overnight but it is
China prepares cold dish of iron ore revenge
Yesterday the ferrous complex was mixed as spot
Chinese bond market seizure to smash iron ore?
One of the less well-understood dimensions of