Back

China May iron ore imports recover from six-month low- RTRS

According to the latest data from China’s General Administration of Customs, China's iron ore imports rose 5.5% in May from a year earlier, recovering from a six-month low in April., Reuters reports.

China customs cited increased demand from the mills in the top steelmaking nation, as the key reason behind the recovery in the imports.

Imports of iron ore last month reached 91.52 million tonnes, up from 86.75 million tonnes a year ago and April's 82.23 million tonnes, the lowest since October 2016.

EURAUD: Pullbacks cannot be ruled out towards 1.4910 - Natixis

As the daily stochastic is in overbought territory for EURAUD cross, pullbacks cannot be ruled out towards 1.4910 (daily parabolic) even to 1.4740 (9w
Baca lagi Previous

AUD/USD recovers early lost ground, hangs closer to 6-week tops

After an initial dip to session lows near 0.7525 region, the AUD/USD pair regained traction and is now placed at session tops near mid-0.7500s. Spot
Baca lagi Next