Daily iron ore price update (growth whack)

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Iron ore price for June 3, 2019:

Everything down suggesting that iron ore is succumbing to the border concerns about global and Chinese growth via the trade war.

The downside remains until we see Brucutu return.

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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.