Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning
Published . Updated .
Read everything that’s happened in the news so far today.
Directly affected
- No company is named in this report.
Indirectly affected
- PICK iShares MSCI Global Metals & Mining Producers ETF-9.5% 30d
iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story.
- XME SPDR S&P Metals & Mining ETF-12.9% 30d
SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story.
- FXI iShares China Large-Cap ETF-5.5% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.0% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China.
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
- FCX Freeport-McMoRan-6.0% 30d
Freeport-McMoRan (metal mining): miners' profits move with metal prices. Linked by “iron ore” (metals & mining) in this story.
- BHP BHP Group-14.2% 30d
BHP Group (metal mining): miners' profits move with metal prices. Linked by “iron ore” (metals & mining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| PICK | +1.35% | -3.19% | base | after close | after close | after close | after close |
| XMENo price data for this ticker | — | — | — | — | — | — | — |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
| FCXNo price data for this ticker | — | — | — | — | — | — | — |
| BHP | -2.19% | -5.78% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning AFR
Source: AFR
Ishares Msci Global Metals & Mining (PICK) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| BHP Group (BHP) | three days earlier | -5.78% | final price |
| BHP Group (BHP) | five days earlier | -2.19% | final price |
| Ishares Msci Global Metals & Mining (PICK) | three days earlier | -3.19% | final price |
| Ishares Msci Global Metals & Mining (PICK) | five days earlier | +1.35% | final price |
Who gains and who loses around Ishares Msci Global Metals & Mining (PICK)
Companies carried with this story
- PICK Ishares Msci Global Metals & Mining
Ishares Msci Global Metals & Mining (PICK) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning.” Reason on file: iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story
- XME Spdr Series Trust
Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning.” Reason on file: SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story
- FXI Ishares China Large-Cap Etf
For “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- EMB Ishares Tr
In “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
For “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China
- EEM Ishares Tr
For “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
- FCX Freeport-Mcmoran
In “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” Freeport-Mcmoran (FCX) is linked, with no stored direction, medium confidence. Reason on file: Freeport-McMoRan (metal mining): miners' profits move with metal prices. Linked by “iron ore” (metals & mining) in this story
- BHP BHP Group
In “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” BHP Group (BHP) is linked, with no stored direction, medium confidence. Reason on file: BHP Group (metal mining): miners' profits move with metal prices. Linked by “iron ore” (metals & mining) in this story
Ishares Msci Global Metals & Mining (PICK)
Ishares Msci Global Metals & Mining (PICK) is the company in “Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning,” the 28 Oct 2026 this story story.
The link for Ishares Msci Global Metals & Mining (PICK) is this: iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story
Spdr Series Trust (XME) is here too. Its reason reads: SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “iron ore” (metals & mining) in this story
The price range for Ishares Msci Global Metals & Mining (PICK), and the dates in the story
FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 32.51. PICK traded between 54.38 and 61.57 across 20 sessions. The latest close on file is 55.20. XME traded between 95.15 and 109.02 across 20 sessions. The latest close on file is 96.02.
How strong the case is around Ishares Msci Global Metals & Mining (PICK)
46 out of 100
“Inflation above forecasts; Star on brink after $260m fine; Iron ore price’s scary China warning” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.