Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia. A study undertaken by the West...
By Geoffrey Smith Investing.com -- Shares in Rio Tinto (LON:RIO) slipped on Wednesday after the mining giant published conservative output forecasts for 2023, with no increase...
By Geoffrey Smith Investing.com -- Mining stocks rose sharply on Friday as base metals prices gained in response to a report that bolstered hopes for a quick relaxation to China's...
Iron ore’s drop to a five-month low adds to concerns over the strength of China’s economic recovery. We believe iron ore price risks are skewed to the downside.
Yesterday’s risk-off move dragged commodities lower. And with little in the way of oil-related releases this week, oil price direction is likely to continue to be dictated by...
This past weekend marked the start of the year of the Water Rabbit, based on the Chinese lunar calendar. The combination of the rabbit and yin water “bodes well for a calmer...
Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Sell | Strong Sell | Strong Sell |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell |
| Summary | Strong Sell | Strong Sell | Strong Sell |