Iron ore rallied in July and August. Yet it has plummeted in the last few weeks after fears that the crack-down on pollution could affect both supply and demand of the iron ore market.
The share price for Sheffield Resources Ltd [ASX:SFX] has gained 10.7% today. What caused the share price hike?
Australian gold miner shares fell after the US Federal Reserve´s meeting yesterday. As predicted, the Fed kept the interest rates on hold at 1%–1.25%.
Tech stocks are hot, and no one wants to get off the train right now. While I wouldn’t want to bet against tech stocks here, I wouldn’t want to own them either. There are better value opportunities around with more upside potential. Like energy stocks.
This morning, BHP Billiton Ltd [ASX:BHP] fell 2.2% to $26.68 per share. BHP isn’t the only miner down today. Rio Tinto Ltd [ASX:RIO] and Fortescue Metals Group [ASX:FMG] also traded lower, down 1.6% and 1.5% respectively.
Nickel advanced as much as 2.9% to $12,380 per metric ton on the London Metal Exchange — its highest since June 2015. It joins copper at new multi-year highs...
Syrah Resources Ltd [ASX:SYR] shares are up 6.99% today after the company received some good news.
In today’s Money Morning…two trading ideas to consider…where to invest if you’re hopeful today…a second leg to the boom in this resource…and more…
Shares of Fortescue Metals Group [ASX:FMG] have jumped almost 14% in the past month, moving closer to the crucial $7 mark.
In today’s Money Morning…liquidators chase Clive Palmer down…commodity investors chase copper prices up…a Goldman Sachs ‘buy’ signal?…and more