Top iron ore producer forecasts 50% fall in price

Dozens are believed to be buried under the waste left by the mudslide in Myanmar’s Kachin state.

Down 9% since Monday as Chinese speculators pull out and Rio Tinto CEO warns of oversupply.

There appeared to be a changing tide of acceptance rather than concern over the past fortnight, that Shanghai is becoming a bigger, and more influential, cog in the global gold machine.

The global coal trade doubled in the decade to 2012 as a boom took hold in Asia. Now, the coal trade seems to have stalled or even gone into reverse.

The Chinese urgency points to two things. China believes that crude oil prices will not remain at the current levels for long, and that a disruption is possible due to geopolitical reasons, which can propel oil prices higher.

Tectonic shifts in the global coal market are underway, posing a series of questions for traditional coal supply markets.

Factory conditions in China unexpectedly worsen for the 14th straight month raising fears that the rally on commodity markets in 2016 was losing steam.

Gold could easily trade back to $1,900. That would be normal for these types of corrections.

Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.