FMG 3.61% $20.10 fortescue ltd

Frog the figures are fairly nutural today so they didn't affect...

  1. 1,362 Posts.
    Frog the figures are fairly nutural today
    so they didn't affect anything much.

    The Chinese PMI was lower than expected but ended
    up being fairly neutral as well.

    Asian markets fairly flat so there is nothing which would make me bite.

    With regard to the futures figures more often than not the
    market is slow to react.

    The night before last was a good example watching RIO in London leading up to PLatts spot price being published it was almost a sure thing it was going to take a dive but
    the market didn't care.
 
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