Category archives: Products
Oil Through the Looking Glass 10/7/20
*Singapore Holiday Adds to Quiet Friday* Singapore was on holiday today due to a snap election which left the market without its usual morning trading window and therefore volumes were diminished. Oil continued on from losses yesterday after the announcement of the Supreme Court decision in the release of President Trump’s finances. The market looks …
Supramax Aug 20 Morning Technical Comment – 240 Min
Crash, Bang, Recovery
It was never going to be easy recovering from the largest economic shock the world has ever encountered. After record drop in consumer spending, GDP, travel and so many other indicators, it is hard to quite fathom the scale of the disruption, or the mountain left the climb to bring things back to normal. Debt …
Morning Oil Note 10/7/20
Good morning all. Brent crude fell by 25 cents, or 0.6%, at $42.10 a barrel by 3:41 am GMT. WTI was down 33 cents, or 0.8%, at $39.29. Brent seems to be set for a weekly fall of nearly 2%, while US crude for a drop of more than 3%. Daily COVID-19 infections in US, …
Iron Ore DCE September Daily Technical Review Jul 10th
Verdict – Short-term neutral, be aware of high level long covering. DCE iron ore closed at 1.5 yuan higher than yesterday. The intra-day volume and open interest were both closed to yesterday level. From hourly chart, CCI start to correct. MACD created dead cross during last night session and widening below 0 axis. Technical signals …
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