A Final Goodbye (and Prediction for 2022)
For my final essay, I thought it might be useful to describe how I see the state of financial markets right now. Which is kind of useless, because the market doesn’t care for how I…
ASX:FMG
China’s Manufacturing Data Disappoints and Impacts Aussie Market
Seems things are slowing in China. China’s National Bureau of Statistics released their official manufacturing Purchasing Manager’s Index (PMI) numbers for February…
Fortescue Share Price Up after Record Half-Year Dividend (ASX: FMG)
Fortescue Metals Group Ltd [ASX:FMG] share price has had quite a bumper of a half year. The Fortescue Share Price is up today 1.77% at time of writing after releasing its half-year results…
Where is the Iron Ore Price Going in 2021? — Outlook for Iron Ore
2020 was a smashing year for iron ore prices and iron ore producers. And the good news for iron ore continues. The Iron ore price is up today 1.7% to US$166.90 a tonne…
Iron Ore Prices Down, Fortescue Metals Share Price drops 6% (ASX:FMG)
Fortescue Metals Group Ltd [ASX:FMG] is down today 5.77% at time of writing after iron ore prices fell 2.4% to US$165.07 a tonne. The price drop has also hit BHP Group Ltd [ASX:BHP] and Rio…
Aussie Iron Ore Producers the Stock Market Winners Today
Aussie iron ore producers are one of the big winners today. At time of writing Fortescue Metals Group Ltd [ASX:FMG] is trading 3.71% higher, BHP Group Ltd [ASX:BHP] increased 1.93% and Rio Tinto Ltd [ASX:RIO]…
High Iron Ore Prices Boost Fortescue Metals Shares (ASX:FMG)
Fortescue Metals Group Ltd [ASX:FMG] is slightly down today after going on a run yesterday, mainly because of higher iron ore prices. Iron ore prices increased 3.1% on Wednesday to a whopping US$136.29…
Fortescue Metals’ Share Price Rises More Than 6% Today, Here’s Why
The share price of iron ore producer Fortescue Metals Group Ltd [ASX:FMG] has risen sharply today on renewed optimism for Australia’s resource sector. FMG shares remained largely unaffected through…
Fortescue Metals Shares Higher on Stronger Iron Ore Prices (ASX:FMG)
The Fortescue Metals Group Ltd [ASX:FMG] share price is trading up today on the back of higher iron ore prices. Iron ore prices surged 5% to reach US$123.47 a tonne, which is good news for…
Carawine Enters into Agreement with Fortescue but Share Price Down
Gold and base metal explorer Carawine Resources Ltd [ASX:CWX] announced they’ve entered into an agreement with FMG Resources Pty Ltd, a wholly-owned subsidiary of Fortescue Metals Group Ltd [ASX:FMG].