Dalian iron ore prices down 4%

FXStreet (Bali) - Dalian iron ore prices are down by as much as 4%, matching the sharp declines currently seen in the Shanghai Composite, also down almost 4% at the open, as fears of a slow down, both, in China and globally, linger. Moreover, the market continues to reduce the odds for a Fed lift-off in September, following last week's dovish minutes.