Tez8

IRON Short - Aust Iron prices tanking - China Slowdown

Short
SGX:M65F1!   SGX MB Iron Ore CFR China (65% Fe Fines) Index Futures,May-2024,Composite Futures
SUMMARY: Short, Australian primarily delivers to China. Demand is falling fast suggestion a sharp contraction is around the corner for China, it will be the first in decades.


This is a good indicator to forecast China's future growth/contraction pace.


S&P500 below is another good indicator to view in tandem.

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