Market Verdict on Iron Ore： • Neutral. Macro： • The number of unemployment benefits files in U.S. last week reached 229,000, a new low since the week of April 22, 2023, with an estimated 245,000 files, compared to the previous value of 242,000 files. • Chinese completed new issued local bonds exceeded 2 trillion …
Category archives: Ferrous
Morning Steel and Scrap Report 26/05/23
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Iron Ore Offshore June 23 Morning Technical Comment – 240 Min Chart 26/05/23
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London Iron Ore Derivatives Report 25/05/23
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European Close 25/05/23
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Singapore Iron Ore Derivatives Report 25/05/23
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Iron Ore Offshore June 23 Morning Technical Comment – 240 Min Chart 25/05/23
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Morning Steel and Scrap Report 25/05/23
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Base Morning Technical Report 25/05/23
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Iron Ore DCE September23 Daily Technical Review 25/05/23
Verdict- Neutral. DCE Sep23 contract consolidated during the trading day. The low of the day once broke the long-run support at 675.5, however recovered fast after the test low. The high of day reached 695.0, which was still far from 700.0. Hourly MACD narrowed below oversold area. Hourly slow stochastic KD brewing breakthrough in oversold …
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