Commodities rout deepens as Chinese trade data signal weaker demand

Commodities rout deepens as Chinese trade data signal weaker demand
BHP Billiton and Rio Tinto, who along with the Brazilian company Vale, dominate the iron ore trade to China, were sold. BHP, which is also listed in the UK, fell more than 5% to a fresh 10-year low of $ 17.05. Rio was off more than 4%. “The selling has …
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China trade data dampens global sentiment
Markets are waking up to further concerns over the ongoing decline in economic momentum for the Chinese economy following another batch of weak data from China in the early hours of this morning. China data is continuing to follow a downwards …
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China China Trade Data: More Bad News For China's Economy As Exports Fall 6.8% In
And while China had a trade surplus of 343 billion yuan (about $ 53.4 billion) in November, the country's foreign exchange reserves fell again, by $ 87.2 billion to $ 3.44 trillion — the lowest level since early 2013. ANZ's Liu told IBT recently that the …
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