Good morning, it’s Ben right here on a cool Canberra morning with the important thing gadgets making the information at this time.
Today’s must-reads:
• Iron ore drops beneath $100 a ton
• Tropical cyclone Megan makes landfall
• ANZ CEO appears to be like to India, China
The value of iron ore is on a curler coaster experience, dropping as little as $97 a ton on Monday earlier than rebounding following Chinese knowledge that painted a combined image on metal demand. Iron ore is down by greater than 1 / 4 because the begin of the 12 months, making it one of many weakest performers amongst main commodities.