Tag archives: CC

Daily Virtual Steel Mill Report 20/03/22

Market Verdict on Iron Ore： • Neutral to Bearish.   Macro： • China PBOC announced that it will cut Reserve Requirement Rate by 25 bps for Financial institutions starting from March 27th, viewed as a positive sign to the investment market. • UBS to buy Credit Suisse in $3.3 billion to end crisis.   Iron …

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Daily Virtual Steel Mill Report 17/03/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The European Central Bank, raised interest rates by 50 basis points, has persisted in fighting inflation, ignoring calls from some investors for a temporary tightening of policy until the banking turmoil has eased. The ECB announced that it would raise its deposit rate to 3%, …

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Daily Virtual Steel Mill Report 16/03/22

Market Verdict on Iron Ore： • Neutral to bearish.   Macro： • The Federal Reserve interest rate swap indicated that the interest rates potentially decrease by 100 basis points before December. • US PPI rose 4.6% year-on-year in February, estimated 5.4%, and the previous value was revised to increase 5.7%; A month-on-month decrease of 0.1%, …

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Freight and Commodity Podcast 15/03/23

A discussion on the impact of Silicon Valley Bank turmoil on the commodity complex; includes Crude Oil, freight, metals, and ferrous complex.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/3wdlnjCwsXjxz7FqQOla0S?si=6Svyu2-4SFuTH8StAlGoNw   Itunes –https://podcasts.apple.com/gb/podcast/episode-122-15-03-2023/id1507094242?i=1000604330096  

Daily Virtual Steel Mill Report 15/03/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The U.S. recorded an annual CPI of 6% in February without quarterly adjustment, which has declined for the eighth consecutive month and is the lowest since September 2021. The monthly CPI rate of the U.S. recorded 0.4% after the quarterly adjustment in February, the lowest …

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