Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

Big Iron firms again

David Llewellyn-Smith

Friday 10 February 2017

Dalian is roughly flat today after overnight gains:

Big Iron is modestly up too though FMG’s possible double top still lurks:

Big Gas is rebounding after OPEC minister comments supported oil:

Big Gold is off. Not sure it can get much further unless Donald does something more stupid:

Big Debt continues its sneaky bull market. This may well continue with a rising global yield curve though less profitably than elsewhere:

Big Spruik is weakish:

How low will MEA go?

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.