News Archives - Page 236 of 1799

Daily Virtual Steel Mill Report 02/02/24

Verdict: • Short-run Neutral to Bearish. Macro: • US jobless claim reached 224,000, refreshed new high since the week consecutive on November 11th in 2023, est. 212,000, last 214,000. • BOE maintained unchanged interest rate at 5.25%, as expected from the market. The bankers indicated a interest rate cut would happen only if the …

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European Close 01/02/24

Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004

Supramax Technical Report 01/02/24

Supramax Mar 24 Morning Technical Comment – 240 Min 01/02/24

Panamax March 24 Morning Technical Comment – 240 Min 01/02/24

Capesize Mar 24 Morning Technical Comment – 240 Min 01/02/24

Iron Ore Offshore March 24 Morning Technical Comment – 240 Min Chart 01/02/24

Brent April 24 Morning Technical Comment – 240 Min 01/02/24

Base Morning Technical Report 01/02/24

Iron Ore DCE May24 Daily Technical Review 01/02/24

Verdict- Neutral. DCE May24 contract saw an exhaustion after a round of correction by early half of the week. From hourly chart, MACD narrowed in bearish territory. Hourly slow stochastic KD created gold cross in oversold area and rebounded to neutral area. Hourly CCI escaped from bearish territory. Iron ore potentially starts consolidation before a …

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