Iron ore prices curbed due to increase in global shipments

Note: This section contains information in English only.
Source: Bloomberg
The biggest iron ore producer and exporter in the world, Australia, lowered its forecasts for the ore prices, as an increase in shipments contributes to a global glut. According to the Department of Industry and Science, prices will reach $60 per ton this year, compared to the $63 in December and $88 in the preceding year. Meanwhile, the price for the iron ore plunged around 47% in 2014, due to low-cost export from Australia and Brazil.
Back to articles

Actual Topics

Wed, 18 Mar 2015 22:05:04 GMT

Stronger Pound provokes deflation risks, warns BoE

According to the Monetary Policy Committee led by Governor Mark Carney, continued strength of the UK economy may stimulate the Pound to grow and thus lead to deflation. Meanwhile, the Cable, which touched a seven-year high versus the Euro this month, depreciated after weak wage growth.

Tue, 17 Mar 2015 15:19:04 GMT

Japan stocks advance while BOJ maintains stimulus

Japanese stocks climbed as the central bank supported record monetary stimulus, meanwhile investors are weighing the US interest rates raise timing after poor economic data.  The Topix index advanced 0.8% to 1,570.50 during the close in Tokyo, along with around 10 shares climbing for every seven which dropped. 

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.