Author archives: Edward Hutton

FIS Castaway – Eps.9 – Unprecedented Coverage in Unprecedented Times

In Episode 9 of Castaway we have special guest Julie Arnold talking to us about power markets – especially the new emerging Japanese power market. We also have our regular news and commodity market reviews and a hot potato of a new random market of the week. Click on the link below to listen now! …

Continue reading “FIS Castaway – Eps.9 – Unprecedented Coverage in Unprecedented Times”

FIS Technical – DCE Iron Ore Sep 20

FIS Technical – DCE Iron Ore Sep 20  The futures remain technically bullish having made a higher high in the market with price above the 8—21 period EMA’s. This is supported by the RSI which remains above 50, however the stochastic is in overbought territory To view the full report please click on the link   …

Continue reading “FIS Technical – DCE Iron Ore Sep 20”

Weather Splits for European Wheat With Dry West and Eastern Rain

Europe’s wheat fields are facing diverging weather in the heart of the growing season. Parts of the Black Sea region and European Union faced dry spells throughout spring, hurting yield forecasts in the key exporters. Now rains are beginning to relieve crops in southern Russia and Ukraine, but dryness is persisting in western Europe.   Weather in …

Continue reading “Weather Splits for European Wheat With Dry West and Eastern Rain”

Oil Halts Rally Near $34 on Signs Russia May Ease Supply Cuts

Oil slipped from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from July, while tensions between the U.S. and China escalated amid the specter of sanctions. Futures fell 0.8% in New York after closing above $34 a barrel for the first time since March. Moscow wants to …

Continue reading “Oil Halts Rally Near $34 on Signs Russia May Ease Supply Cuts”

House Set to Back China Sanctions Amid Rising Tensions With U.S

The House of Representatives is poised to give final passage Wednesday to legislation that would sanction Chinese officials for human rights abuses against Muslim minorities, the latest in a series of moves by Congress and the White House to put pressure on the Beijing government. The measure was approved by unanimous consent in the Senate …

Continue reading “House Set to Back China Sanctions Amid Rising Tensions With U.S”

China’s Headstart to Recovery Creates Rare Aluminum Trade

China’s race to restore normality has opened up a rare opportunity to profit from shipping aluminum into the country, which is typically burdened by excess supply of the metal. The theoretical margin from importing aluminum into China jumped to the highest level since 2016, according to Bloomberg calculations based on local spot prices and the …

Continue reading “China’s Headstart to Recovery Creates Rare Aluminum Trade”

Soybeans Hold Best Gain This Month as China Seeks More Supplies

Soybean futures held on to Tuesday’s gain, the biggest since the end of April, as state-run Chinese companies return to the market for American supplies after a jump in Brazil’s currency made U.S. beans more competitive. Soymeal futures in Dalian climbed to the highest in over a month. China has been bidding on new crop …

Continue reading “Soybeans Hold Best Gain This Month as China Seeks More Supplies”