China yawnulus does nothing for iron ore

Thursday 8 May 2025

Gone are the days of iron ore’s Pavlovian response to China yawnulus.

In days of yore, the following would have sent iron ore nuts. BofA.

ThePBOC, NFRA and CSRC jointly announced a raft of monetary, consumption, capital market, and property measures to stimulate the economy.

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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.