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 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Category archives: Ferrous
Iron Ore Offshore Jan 24 Morning Technical Comment – 240 Min Chart 20/12/23
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
Iron Ore DCE May24 Daily Technical Review 20/12/23
Verdict- Neutral. DCE May24 contract broke last resistance and retreated before closing. The next resistance would be 958.0, where there was many open interests built and some reversals from hourly level. Hourly MACD widened in bullish territory. Hourly CCI reached new high since November 14th. Hourly slow stochastic KD approached the boundary of overbought …
Continue reading “Iron Ore DCE May24 Daily Technical Review 20/12/23”
Daily Virtual Steel Mill Report 20/12/23
Verdict: • Short-run Neutral. Macro: • The Eurozone November CPI reached – 0.6% on the month, refreshed the biggest monthly drop since January 2020. • The situation in the Red Sea lift concerns from traders, WTI continued its upward trend and once rose by more than 2%. The world’s biggest shipping companies said container …
European Close 19/12/23
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
Iron Ore Market Daily Report 19/12/23
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 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Steel and Scrap Report 19/12/23
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 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Iron Ore Offshore Jan 24 Morning Technical Comment – 240 Min Chart 19/12/23
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
Iron Ore DCE May24 Daily Technical Review 19/12/23
Verdict- Neutral. DCE May24 contract maintained consolidation as expected. Hourly CCI and slow stochastic KD positioned in neutral area. Hourly MACD narrowed and potentially create gold cross. A breakthrough on the range bounds from 915.0 – 939.0 potentially indicate directional change. First support 915.0. First resistance 939.0.
Daily Virtual Steel Mill Report 19/12/23
Verdict: • Short-run Neutral. Macro: • The US Federal Governor Mary Daly indicated that a rate cut in 2024 would be appropriate. A total three cut in 2024 should be necessary. • European Central Bank Council member said that the market expectations for an interest rate cut in next March or April are too …