Category archives: Uncategorized
Iron ore rebound capped on COVID rebound fears
Iron ore futures rebounded on Wednesday but was capped around $101 as investors kept a worried eye over the latest Coronavirus situation in China. Beijing stepped up its containment efforts following a cluster of new cases in Beijing and triggered a selloff yesterday afternoon as investors were worried of a second wave of cases. …
Continue reading “Iron ore rebound capped on COVID rebound fears”
FIS Technical – Brent August Daily – The Tale of Two Gaps
FIS Technical – DCE Iron Ore Sep 20 Testing Trend Support
FIS Technical – DCE Iron Ore Sep 20 Testing Trend Support To view the full report please click on the link
Oil Through the Looking Glass 17/6/20
*Crude Stocks and Virus Cases* This morning we read that the API announced their prediction of US stock changes as a build of 3.86 mil bbls. It’s not as big as previous predicted builds we’ve seen recently, but it’s a build nonetheless, and has added to negative sentiment overnight that caused prices to fall. We …
