Brent crude hits $40 a barrel as iron ore prices soar by 19%

Discussion in 'Market News' started by Lily, Mar 7, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Metal’s highest rise since 2009 on back of China’s plans to boost growth as oil prices also continue to recover

    Brent crude oil has climbed back above $40 a barrel, as the recovery in commodity prices continued with iron ore posting a record rise of nearly 20%.

    Commodities prices have jumped in the last month on expectations that Beijing will work more aggressively to boost growth after two years of faltering manufacturing output.

    Continue reading...

Share This Page

free forex signals