https://www.wsj.com/articles/chinas-reopening-complicates-global-fight-against-inflation-11674344924
The above WSJ article discusses the impact of China reopening on global inflation.
Almost certainly energy costs will rise, but this is predicted to be below the nose bleed peak of 2022 because of falling demand in the US, UK and Europe though 2023 due to the impacts of rapid rises in interest rates during 2022. However, the article predicts more muted demand for other commodities, including iron ore … see excerpt below …
[[[ Demand for other commodities could remain muted, economists say. Unlike during the global financial crisis, when Beijing approved infrastructure stimulus spending that fueled enormous demand for metals from copper to iron ore, China has held back on massive spending this time. The country’s property market, a major source of demand, remains in a major slump. ]]]
Dex
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-48916
-
-
- There are more pages in this discussion • 3,655 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$21.80 |
Change
0.005(0.02%) |
Mkt cap ! $68.19B |
Open | High | Low | Value | Volume |
$21.95 | $22.35 | $21.78 | $120.6M | 5.467M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3224 | $21.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.80 | 8526 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 3381 | 21.820 |
13 | 6617 | 21.810 |
28 | 19032 | 21.800 |
35 | 18306 | 21.790 |
15 | 7009 | 21.780 |
Price($) | Vol. | No. |
---|---|---|
21.830 | 3673 | 3 |
21.840 | 4777 | 16 |
21.850 | 7476 | 13 |
21.860 | 4248 | 12 |
21.870 | 4320 | 11 |
Last trade - 13.34pm 19/06/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online