Rio Tinto Share Discussion Threads

[podgyted] 17/6/2020 07:25

Rio currently down 0.9% in Oz.

[waldron] 17/6/2020 07:17

Dow futures drop more than 100 points following rally in the previous session

Published Tue, Jun 16 20206:04 PM EDT

Updated 26 min ago

Maggie Fitzgerald
@mkmfitzgerald

[waldron] 17/6/2020 07:12

European markets head for negative open as geopolitical tensions rise

Published Wed, Jun 17 20201:20 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

London’s FTSE is seen opening 16 points lower at 6,227, Germany’s DAX is expected to open 69 points lower at 12,251, France’s CAC 40 is expected to open 30 points lower at 4,929 and Italy’s FTSE MIB 39 points lower at 19,527, according to IG.

Tensions escalated along the Korean peninsula Tuesday after North Korea reportedly destroyed a liaison office with the South.

[christh] 17/6/2020 06:55

Poikka
Do not worry about the price of iron ore.
It will be above $100 per tonne.

The problems in Brazil with the producers,
the weather conditions in Australia,
the high demand of the iron ore in China

all these and other little problems would maintain the demand and push the prices higher.

China needs to grow its economy and is based mostly in industrial production of which is iron ore.

[poikka] 16/6/2020 18:13

A retired professor, Cai Xia, from China's Central Party School, has really laid into XI, calling for his overthrow, basically. She says that if he's not kicked-out, China's economy will collapse by the end of the year; although she reckons that he'll be able to keep splashing the cash in the meantime.

That she dared to make those comments says a lot about feelings within China towards the megalomaniac Xi.

She actually sounds like good news - if her approach for scaling down China's aggressive attitude is followed by whoever takes Xi's place.

So what happens to the Iron Ore price later in the year?

[waldron] 16/6/2020 17:19

Iron Ore 103.46 + 0.39(0.38%)
Gold COMEX 1,733.80 +0.12%
Silver COMEX 17.60 +1.13%
Platinum NYMEX 842.10 +2.48%
Copper COMEX 2.56 -0.43%
Brent Crude Oil NYMEX 40.15 +1.08%
Gasoline NYMEX 1.19 +1.22%
Natural Gas NYMEX 1.71 -2.78%
WTI 37.148 USD +0.12%

FTSE 100
6,242.79 +2.94%
Dow Jones
26,283.51 +2.02%
CAC 40
4,952.46 +2.84%
SBF 120
3,906.41 +2.80%
Euro STOXX 50
3,242.65 +3.28%
DAX
12,315.66 +3.39%
Ftse Mib
19,647.2 +3.57%



Rio Tinto
4,581 +2.24%



Bhp
1,648.4 +2.19%



Anglo American
1,821.6 +2.74%



Glencore
172.38 +2.62%

[waldron] 16/6/2020 07:01

European markets head for higher open after U.S. rally on Fed’s additional support

Published Tue, Jun 16 20201:18 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

European stocks are expected to open higher Tuesday.

London’s FTSE is seen 161 points higher at the open, at 6,217, while Germany’s DAX is expected to open 378 point higher at 12,292, France’s CAC 40 is seen 142 points ahead at 4,691 and Italy’s FTSE MIB is expected to open 536 points higher at 19,514, according to IG.

[waldron] 16/6/2020 06:13

Dow futures surge amid report that Trump is preparing $1 trillion infrastructure proposal

Published Mon, Jun 15 20206:06 PM EDT

Updated 15 min ago

Thomas Franck
@tomwfranck

Eustance Huang
@EustanceHuang

[waldron] 15/6/2020 19:47

Stocks extend rebound after the Fed says it will buy individual corporate bonds, Dow up 200 points

Published Sun, Jun 14 20206:02 PM EDT

Updated 12 min ago

Fred Imbert
@foimbert

Yun Li
@YunLi626

[waldron] 15/6/2020 17:18

Iron Ore 103.07-0.52(-0.50%)
Gold COMEX 1,726.00 -0.65%
Silver COMEX 17.34 -0.81%
Platinum NYMEX 816.10 -0.35%
Copper COMEX 2.56 -1.67%
Brent Crude Oil NYMEX 38.73 +0.00%
Gasoline NYMEX 1.15 +1.06%
Natural Gas NYMEX 1.77 -2.75%
WTI 36.054 USD +1.53%


FTSE 100
6,064.7 -0.66%
Dow Jones
25,243.6 -1.41%
CAC 40
4,832.55 -0.14%
SBF 120
3,799.89 -0.38%
Euro STOXX 50
3,139.54 -0.17%
DAX
11,911.35 -0.32%
Ftse Mib
18,996.2 +0.57%


Rio Tinto
4,480.5 -2.51%



Bhp
1,613 -3.26%


Anglo American
1,773 -2.86%


Glencore
167.98 -2.53%

[waldron] 15/6/2020 07:22

Dow futures plunge nearly 900 points as Wall Street looks set to extend last week’s sharp losses

Published Sun, Jun 14 20206:02 PM EDT

Updated 9 min ago

Yun Li
@YunLi626

[waldron] 12/6/2020 17:16

Iron Ore103.59 +0.84(0.81%)
Gold COMEX 1,744.00 +0.59%
Silver COMEX 17.65 -1.34%
Platinum NYMEX 826.80 +0.71%
Copper COMEX 2.60 +1.07%
Brent Crude Oil NYMEX 38.93 +1.59%
Gasoline NYMEX 1.14 +1.35%
Natural Gas NYMEX 1.86 -2.05%
WTI 36.175 USD +1.59%


FTSE 100
6,105.18 +0.47%
Dow Jones
25,483.76 +1.42%
CAC 40
4,839.26 +0.49%
SBF 120
3,814.36 +0.53%
Euro STOXX 50
3,153.74 -0.17%
DAX
11,949.28 -0.18%
Ftse Mib
18,833.56 +0.14%



Rio Tinto
4,596 +2.25%


Bhp
1,667.4 +1.10%


Anglo American
1,825.2 +2.71%


Glencore
172.34 +2.16%

[waldron] 12/6/2020 12:46

Dow futures bounce by 500 points as Wall Street tries to recover from its worst day since March

Published Thu, Jun 11 20206:01 PM EDT

Updated 43 min ago

Fred Imbert
@foimbert

Eustance Huang
@EustanceHuang

[christh] 12/6/2020 09:45

it looks that is heading higher to £46-£47 territory

[waldron] 12/6/2020 07:41

Dow futures rise more than 300 points as Wall Street tries to recover from its worst day since March

Published Thu, Jun 11 20206:01 PM EDT

Updated 2 hours ago

Fred Imbert
@foimbert

Eustance Huang
@EustanceHuang

[waldron] 12/6/2020 07:32

European stocks set to slide further as recovery and second virus wave fears persist

Published Fri, Jun 12 20202:01 AM EDT

Elliot Smith
@ElliotSmithCNBC

Key Points

Thursday saw the pan-European Stoxx 600 plunge 4% after the Fed cautioned of a 6.5% fall in U.S. GDP (gross domestic product) in 2020, denting hopes of an immediate “V-shaped̶1; economic recovery.

Several U.S. states reported a spike in coronavirus cases after reopening their economies, spooking global markets as fears of a second wave of infections resurfaced.

European markets are heading for a slightly lower open on Friday, furthering a significant sell-off after an economic reality check from the U.S. Federal Reserve and concern over a second wave of coronavirus infections rocked sentiment.

Britain’s FTSE 100 is seen around 24 points lower at 6,053, Germany’s DAX is expected to fall around 32 points to 11,938 and France’s CAC 40