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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a showcase of the only industrial metal to surge so far this year: iron ore. We go over some events that have acted as a catalyst for the metal. We also take a look at steel prices and what effect that has had on PPI data that was released today. Also in macro data, we review the US Trade Balance highlighting surging Chinese demand.
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