Iron-Ore Prices Buckle as Evergrande Adds to China Concerns
- ByThe Wall Street Journal-
The property sector accounts for an estimated 25% of China’s steel demand and investors fear a sharp fall in construction activity.
The property sector accounts for an estimated 25% of China’s steel demand and investors fear a sharp fall in construction activity.
The Breakwave Dry Bulk Shipping ETF (BDRY) increased by a small amount this week and closed very close to its all-time intraday high of $31.00. Sentiment and FFA values have...
Iron Ore Futures Stumble In Worst Week Ever Amid Evergrande MeltdownIron ore prices have plunged under $100 per ton (its worst week ever) as anxiety over China's Lehman moment:...
Iron ore is on track to close sharply lower for August, which will mark a second consecutive drop for the industrial metal. Prices have nearly erased a yearly gain that was north...
This article was written exclusively for Investing.comShares plunged from February 2018 through March 2020A rebound to over the midpoint of the moveInflationary pressures lift...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Neutral | |||
| Technical Indicators | Sell | Neutral | |||
| Summary | Sell | Neutral |