FMG 0.90% $20.14 fortescue ltd

Iron ore price, page-48871

  1. 10,350 Posts.
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    Despite IO having a reasonable overnight sessions, resource stocks finished near their lows in US trade and are going to open lower in Australia.

    The BIG event for today is the Bank of Japan interest rate decision and if they continue to cap bond yields. The market has been testing their 0.5% limit on their 10 year bond yield all week. If this limit changes it will be incredibly significant as a lot of debt is linked to Japan.

    https://hotcopper.com.au/data/attachments/4977/4977169-f799cc4dd49acb531194a001b50d6644.jpg
 
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