FMG 2.07% $21.26 fortescue ltd

Iron ore price, page-13693

  1. 15,393 Posts.
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    I believe it is $118 (well that is what @rcman emailed me this morning) ... what is even better IMO is the following update from Trump and Xi's meeting today :

    https://www.cnbc.com/2019/06/29/us-...0-timeline-of-how-the-tariff-war-started.html

    June 29, 2019

    Trump and Xi agree to proceed with trade negotiations on the sidelines of the G-20 summit in Osaka, Japan.

    Trump said after the bilateral meeting that negotiations with China would continue. “We are back on track,” the president said.

    The Chinese state media, meanwhile, reported the two sides had agreed to restart talks and that the U.S. did not plan to levy any new tariffs on Chinese goods at the present time.

    Let's hope they sort it out soon enough ....

    GLTAH
 
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