Loading…
Analysts expect the Australian dollar to weaken on slowing Chinese demand for iron ore and coal and on domestic wage growth. Morgan Stanley's commodity team forecasts iron ore at $74 per tonne by year-end amid supply growth from Vale and Australia.
Weaker Chinese steel-related demand and an iron ore price decline point to softer commodity-linked currencies and weaker Australian export pricing for feed grains.
poundsterlinglive.comNews, Data, ForecastsMar 31, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
