You know you're in trouble when there is a cyclone
approaching Port Hedland and the IO futures are down across the board!
This is what happens when the Chinese government start turning off the money tap:
Shanghai down 6.34%
Two months of gains wiped out in a single day!
Some more bad news:
Chinese house Prices over the weekend:
http://www.tradingeconomics.com/china/housing-index
iron ore price, page-1258
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |