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Showing 61 - 70 of 527 results for "Iron ore"

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... with weakening global growth -- in particular, China -- and its attendant impact on commodity prices (more specifically, iron ore). Yippee-kay-yay! Bring it on! A trip down memory lane shows how the Australian dollar's depreciation deflected not ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
... facing Australia. But true to its tag as the "Lucky Country", something positive Australia's way comes. The price of iron ore - its biggest export - is on the rise. Austrade figures show that exports of iron ore exports amounted to about A$63 billion ...

Blue Sky scores major pension fund mandate

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... accommodation. Education, he added, would continue to be an attractive sector, given that "it's our third-largest industry after iron ore and coal, and it's a strategically important part of the Australian economy."

Thinning trade surplus shaves A$

BENJAMIN ONG  |  FRIDAY, 8 DEC 2017
... Services credits fell $118m (2%)". The report showed sharp drops in Australia's biggest commodity exports over the month. Iron ore shipments dropped by 10% while coal, coke and briquettes fell by 3% -- a consequence of China's on-going efforts to clean ...

Iron ore's ups and downs

BENJAMIN ONG  |  FRIDAY, 24 NOV 2017
... You, I and Irene could be forgiven for thinking so if you overlay today's Australian Financial Review's (AFR) headline, "Iron ore extends rally, fresh bull market beckons" with the Australian central bank's expectations on the direction of iron ore prices. ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
... to October while imports jumped by 24.6 over the same period. This comes despite the reduction in Chinese imports of iron ore and coal - Australia's top commodity exports - as Beijing proceeds with its on-going efforts to reduce over-capacity and improving ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
... the positives balance the negatives. Hence, the no change decision. All good... except for the Board's discussion on iron ore prices - disclosed in the meeting's minutes - was conspicuously absent in the earlier released statement. There was nary a single ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
... index is down 2.8% this year to date. So are Australia's major commodity exports - coal prices are lower by 11.1% and iron ore is 7.3%. The Australian dollar reached a high of US$0.811 during last week's trading before closing at US$0.806. And sure enough ...

Blue Sky profits underscore alternatives opportunity

ALEX BURKE  |  TUESDAY, 15 AUG 2017
... accommodation. Education, he added, would continue to be an attractive sector, given that "it's our third-largest industry after iron ore and coal, and it's a strategically important part of the Australian economy." Discussing Blue Sky's value proposition ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...