There is so much happening on markets each day at the moment that I have had to stop myself from writing pages again so I will just stick to two things that really bothered me this morning – coal and iron ore. Coal rallied fractionally above my rally level of 92 to 94 but have subsequently turned down sharply – and right out into the distant months. Iron ore as well. The distant months are getting away again – what I mean is the spread is getting wider. That makes me uncomfortable. Just be aware .....
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