ylliX - Online Advertising Network
General Market News

Markets slide as economic slowdown fears continue to bite and iron ore crashes

Markets slide as economic slowdown fears continue to bite and iron ore crashes

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

The rout in iron ore prices continued yesterday amid steel production cuts in China, but it isn’t the only thing that is expected to drive the ASX lower again. China’s property market woes, including the collapse of its biggest property developer Evergrande, sent US stocks tumbling – however, losses on Wall St were pared back towards the market’s close.

...read full article on Proactive Investors

ylliX - Online Advertising Network