Monthly archives: December 2021

Morning Oil Report 29/12/21

At 10:12 am Singapore time (0212 GMT), the ICE February Brent futures contract was up 10 cents/b (0.13%) from the previous close at $79.04/b. The NYMEX February light sweet crude contract was down 1 cent/b (0.01%) at $75.97/b, snapping five straight days of gains.   Brent Daily technical 28/12/21  https://fisapp.com/wp-content/uploads/2021/12/FIS-Technical-Oil-Report-28-12-21.pdf   Bullish sentiment in the …

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Daily DCE Review 29/12/21

Iron ore futures continued to slide in the trading session today, amid market sentiment of slowing steel demand for the new year. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 1.92% day-on-day or down RMB 13 to RMB 663/mt, during the day trading session on Wednesday. The rebar futures also …

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Daily DCE Review 28/12/21

Iron ore futures dipped in the morning session, due to market concerns over falling steel output that affected sentiments. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 3.37% day-on-day or down RMB 23.50 to RMB 673.50/mt, during the day trading session on Tuesday. The rebar futures also went down by …

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Iron Ore DCE May Daily Technical Review 27/12/21

Verdict – Short-term neutral to bearish. DCE iron ore May22 contract correct massively after creating the high since Oct 14th, indicating a divergence from current area. The upsending trend was almost broken after market went back to 684.0 area, however yet to confirm a breakdown on 672.0 – 676.0 area. Hourly slow stochastic KD created …

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