Sector movers: Tariffs trigger profit-taking in commodity-related shares

According to Oxford Economics, Washington's 25% tariffs on $50bn-worth of Chinese goods and an identical response from Beijing will only lower the two countries' rate of growth by between one and two tenths of a percentage point in 2018 and 2019. Assuming there is no further escalation, that is. Be that as it may, traders were in an unforgiving mood, likely even more so given the recent sharp run-up in both miners' shares and in commodity prices. Against that backdrop, iron ore miners Ferrexpo ...

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