Nuclear Subs, Evergrande, and the Iron Ore Conundrum
It’d be very contrarian to take trades on iron ore at this stage, and the coast might not be clear until some support comes in on the iron ore spot price.
ASX:FMG
Should You Invest in Iron Ore Stocks? BHP, Rio and FMG
At time of writing, the share price of the big three iron ore miners are all up, with BHP Group [ASX:BHP], Rio Tinto [ASX:RIO] and Fortescue Metals Group [ASX:FMG] all tacking on 2–3% today.
US Stimulus Paves the Way for Commodities Boom
Almost like clockwork as the market started to wobble, the US passed more stimulus. The $1.9 trillion bills should prop up the market for the time being. There’s a subtext to this though, and it's all about inflation
With Government Support Hydrogen Prices Becoming More Competitive
Hydrogen prices are becoming more competitive as renewable energy goes cheaper. But hydrogen is attractive because when renewables produce too much energy, hydrogen can store that cheap excess energy....
ASX Weekly Market Outlook and the Top Movers Last Week (ASX:XAO)
The week been saw a large pullback in the All Ords [ASX:XAO] by 208 points. Meaning the XAO is now in its 10th week of a sideways move after gaining ground quickly from the March low...
The Looming China Risk for Big Aussie Mining Stocks
The immediate risk is clear — China. Today, I’m talking about the largest miners in Australia and give you a special tool you could use to play what I call a ‘fractured’ market. This includes BHP Group Ltd [ASX:BHP], Rio Tinto Ltd [ASX:RIO], and Fortescue Metals Group Ltd [ASX:FMG]...
Weekly ASX Market Wrap: Super Retail and FMG Top Movers Last Week
Last week saw some encouraging moves in the sectors, with Information Technology up 5.72% and Materials up 6.11%. On the downside, Health and Utilities fell back 2.42 and 2.34%.
Why the ASX Is Down Today: Gold Price, Gold Stocks Rise
Tech sector down, gold miners up - that's the theme today as the US-China trade war boils over.
Is this as good as it gets for FMG, Rio and BHP share price?
The FMG, Rio and BHP share prices are strongly correlated as they are all heavily focused on iron ore. But is this as good as it gets for these companies?
Iron Ore Prices Slump Back Down after Chinese Market Complaints
According to the Australian Financial Review (AFR), a top official on behalf of China’s steel industry said Beijing was getting ready to crackdown on soaring prices.Iron ore market has also been hit by supply disruptions, as weather plagues supply chains. Last month Rio Tinto cut production outlook after issues with its mine, adding further to supply shortages.