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 …
Category archives: Ferrous
Evening Steel and Scrap Report 14/06/22
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London Iron Ore Report 14/06/22
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European Close 14/06/22
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Coking Coal Report 14/06/22
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Ferrous Weekly Analysis Report 14/06/22
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Singapore Iron Ore Derivatives Report 14/06/22
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Morning Steel and Scrap Report 14/06/22
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Iron Ore Offshore July 22 Morning Technical Comment – 240 Min Chart 14/06/22
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Iron Ore DCE September Daily Technical Review 14/06/22
Verdict – Short-term bearish. Iron ore corrected as expected yesterday. September contract daily candles created two long lower shadows with expanding volume, indicating the buyers and sellers have some conflictions on current level and exhausted. Thus the price falling expected to slow down. Hourly MACD potentially created gold cross below 0 axis. Hourly slow …
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