Self-promotion aside, I believe profits from those trades should be harvested ahead of the election; I'm selling British stocks this week. The most important factor in placing a successful trade is knowing when to take profits, and at this point, I believe the Brexit trade has run its course. I am bullish on iron ore longer-term, given prospects for demand from Asian economies, especially China. Not only is iron ore demand driven by China, however, the main source of price discovery is located in China, as well, on the exchanges at Dalian and Zhengzhou. These bourses do not have the liquidity and transparency of Western exchanges, and thus iron ore prices are notoriously volatile.

Source: Forbes June 05, 2017 14:37 UTC