Author archives: Edward Hutton

Unexpected Gain in Chinese Exports Is Seen as Temporary

Unexpected Gain in Chinese Exports Is Seen as Temporary China’s exports unexpectedly rose in April aided by stronger shipments to South East Asia, though with the coronavirus pandemic damaging global demand that increase is likely to be temporary. Imports fell. Exports rose 3.5% in dollar terms in April from a year earlier, while imports dropped …

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Brazil Caps Best Month Ever for Soy Exports Amid Forex Woes

Brazil Caps Best Month Ever for Soy Exports Amid Forex Woes (Bloomberg) — Brazil never shipped so many soybeans in a single month as it did in April. A combination of currency weakness, record harvest and logistical improvements helped the nation export 16.3 million metric tons last month, according to preliminary data released by the …

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FIS Technical – Brent July Daily

FIS Technical – Brent July Daily The July futures are trading above the 8—21 period EMA’s and the USD 29.46 level. The upside move is now deep into the last bear wave, this means the technical phase is considered as neutral rather than bearish. To view the full reports please click on the link    …

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