Cyclone Isla has the potential to ‘disrupt’ mining-related stocks

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Cyclone Isla which currently forming North of Western Australia has the potential to “disrupt” mining-related stocks, says CommSec’s Tom Piotrowski.

“So there’s been quite a bit of movement where mining related stocks have been concerned over the last day because of what that might mean for commodity prices if there’s a disruption to iron ore movements and the likes of it – something to bear in mind,” he told Sky News Australia.

“In the US in particular it was a pretty constrained session because of the fact that in the coming session in the US we’ll see the monthly inflation figures report.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Will this have any affect on the millions in Royalties that Aboriginals receive from mining as they might need to ask Almo for some subsidies in the mean time

Little matter that TC Ilsa can cut a path of destruction in lives and property but good forbid mining stocks could be disrupted. TCIlsa

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines