Which asset class will find the bottom first? Will it be commodities, property, ore shares? And which shares? Local shares got a big yesterday, especially the miners.
October 2nd, 2008 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "steel production"
The Market Price for the Resources China Wants is Rising
Who is the predator and who is the prey? That is what we wonder today. Is China preying on BHP Billiton (ASX: BHP)? Or is BHP preying on Rio? Who are the barracudas and who are the minnows? First, the big fish. “With iron ore prices rising explosively,” says China’s National Development Reform Commission (NDRC), “many domestic firms are very enthusiastic about investing in overseas mines, which needs strengthened macro guidance from the country.”
April 17th, 2008 | Dan Denning | 5 comments | Continued