FIS API Blog
Brent crude was unchanged at $37.84 a barrel, in the first day of trading in the contract with August as the front month. WTI crude futures for July delivery were at $35.53 a barrel, up 4 cents, or 0.1%, by 0629 GMT. OPEC+ is set to discuss a short extension of its current output cuts, …
Continue reading “Oil tries again to accentuate the positives”
Soybean futures in Chicago advanced as the dollar extended declines and President Donald Trump stopped short of spelling out tough new sanctions against China over Hong Kong and kept the phase one trade deal with Beijing intact. Corn increased, while wheat snapped two days of gains. The Bloomberg Dollar Spot Index tumbled to the weakest in …
Continue reading “Soybeans Climb as Dollar Drops and Trump Keeps Trade Deal Intact”
FIS Panamax Technical Report Technically bearish the index has not broken support having produced a 3 wave pattern down. Upside move above the USD 6,093 level would suggest the technical picture is potentially turning bullish To view the full report please click on the link
Sluggish Pacific and Atlantic had dragged down Capesize rates and reversed much of the gains that occurred in previous week. By Thursday, the Capesize 5 time charter average went down further by $558 to $3,228, despite more buyers entry at the afternoon session in trying to lift the market. Given the volatile Capesize rates and …
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Supramax-29-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Capesize-29-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Panamax-29-05-20.pdf
We know for certain Trump is ‘not happy’, as he announced this to the world this week, when referencing Beijing’s move to impose national security legislation on Hong Kong. Trump has announced he will announce new U.S. policies on China today; this is making global markets jittery, something the world does not need …
One thing that has confusingly held true up to now was that, against all the trends of many other commodities and market, iron ore kept on rising. It has been the black sheep of the markets, standing there, teeth gritted, weathering the storm that had swept away many other markets. However, just as other markets …
We are seeing History in the making when the European Union announced its 750 billion- Euro ($824 billion) recovery package, aimed at boosting economic growth and creating a swathe of new jobs. The capital injection will have global financial markets breathing a sigh of relief, following the commitment from China at the Two Session to …
