When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
FAAR - Beijing's Warning To Speculators Sends Metals Prices Falling
First Trust Alternative Absolute Return Strategy ETF
China’s “zero tolerance” warning to commodity speculators over the weekend sent prices of some metals and iron ore tumbling.
Bloomberg reported the government had also threatened severe punishment for violators indulging in excessive speculation and fake news in the trading of commodities including iron ore, steel and copper.
The government’s warning did have a dampening effect on metal prices on the Chinese commodities exchange. For example, steel dropped as much as 6%.