FIS API Blog
Soybean futures in Chicago advanced as the dollar extended declines and President Donald Trump stopped short of spelling out tough new sanctions against China over Hong Kong and kept the phase one trade deal with Beijing intact. Corn increased, while wheat snapped two days of gains. The Bloomberg Dollar Spot Index tumbled to the weakest in …
Continue reading “Soybeans Climb as Dollar Drops and Trump Keeps Trade Deal Intact”
Iron ore’s surge, with its latest jump to three-digits, is set to persist in the short term powered by supply concerns, before a market surplus in the second half spells a decline for the steelmaking material. Physical spot ore surged to $101.05 a ton on Friday, the highest since August, according to Mysteel Global. Elevated steel …
Continue reading “Iron Ore Seen Gripping On to Surge Before Eventual Descent”
FIS Panamax Technical Report Technically bearish the index has not broken support having produced a 3 wave pattern down. Upside move above the USD 6,093 level would suggest the technical picture is potentially turning bullish To view the full report please click on the link
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Brent-29-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Supramax-29-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Capesize-29-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Panamax-29-05-20.pdf
We know for certain Trump is ‘not happy’, as he announced this to the world this week, when referencing Beijing’s move to impose national security legislation on Hong Kong. Trump has announced he will announce new U.S. policies on China today; this is making global markets jittery, something the world does not need …
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-MorningTechnical-Iron-Ore-Offshore-29-05-20.pdf
We are seeing History in the making when the European Union announced its 750 billion- Euro ($824 billion) recovery package, aimed at boosting economic growth and creating a swathe of new jobs. The capital injection will have global financial markets breathing a sigh of relief, following the commitment from China at the Two Session to …
