IRON ORE DAILY MARKET UPDATE

Market Commentary Iron ore futures advanced again on Tuesday, aided by bullish sentiment in China’s equity markets as well as concerns over near-term supply tightness. Following its best single-day percentage gain in about five years on Monday, the Shanghai composite were again higher on Tuesday, despite state media calling for retail investors to be rational, …

Oil Through the Looking Glass 7/7/20

*Rising US Virus Cases Dampening Sentiment* The US has reported significantly elevated numbers of new virus cases. Some 16 states are reporting record increases in new virus cases at the start of July. In California, hospitalisations have risen 50% over the past two weeks, with infections recorded infections rising more than This is limiting what would …