IO down a little overnight, but at a fresh high for this trend as of yesterday... it was fun at first, but IO's complete disregard for what is happening in China is a bit concerning to... you'd think it would weight just a little - short squeeze, CCP buying to hide weakness?
It was also interesting to see US market's reaction to inflation data last night which came dead in line with expectations but higher than the prior month, you could just see the reality that the easy part of reducing inflation is over and now it's going to require pain to suppress inflation further start to set in.
Iron ore price, page-50437
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Last
$22.36 |
Change
-0.230(1.02%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |