Freight and Commodity Podcast 15/06/22

All things oil this week on the podcast as we look at the flows of the world oil market, as well as updates on the dry freight, bunker and ferrous markets.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2zrXgAwrZ4myIC17DQ28TW?si=dno03XuOQ3WLG3mszFO_ug   iTunes – https://podcasts.apple.com/gb/podcast/episode-101-15-06-22/id1507094242?i=1000566508221

Iron Ore DCE September Daily Technical Review 15/06/22

Verdict – Short-term bearish.   Iron ore corrected as expected yesterday, with expanding volume and broke down two important support at 900.0 and 875.5 respectively. Hourly MACD went back to bearish area below 0 axis. Hourly CCI refreshed two-month low. Short-run technicals were indicating the correction in continuance.   The first support is 806.0,the first …

Daily Virtual Steel Mill Report 15/06/22

Market Verdict on Iron Ore: • Neutral.   Macro • U.S. May PPI up 10.8% y-o-y, est. 10.9%, last 11%. • ECB official indicated that July interest rate increase 25 basis points, and expect a 25 basis points increase in September. • Gazprom announced that the gas supply through the Nord Stream about 100 million …