Market Verdict on Iron Ore： • Neutral. Macro： • U.S. February non-farm payroll increased by 311,000, estimated up 225,000, last 517,000. U.S. February jobless rate at 3.6%, est. 3.4%, last 3.4%. • U.S. federal reserve announced emergency bank financing program(BTFP). The Ministry of Finance will provide $25 billion to support bank loans. According to …
Tag archives: CC
Coking Coal Report 09/03/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Daily Virtual Steel Mill Report 09/03/22
Market Verdict on Iron Ore： • Neutral. Macro： • U.S. January ADP new added jobs 242,000, higher than expected 200,000. Job vacancies in the month dropped to 10.8 million. • China January CPI up 1% on the year, estimated 1.9%, last 2.1%. China January PPI down 1.4% on the year, estimated 1.3%, last down …
Freight and Commodity Podcast 08/03/23 – Carbon EUA pricing, Shipping and Our New Consultancy
A discussion on the price dynamics of EUAs and how shippers can manage their carbon risk. With special guest, carbon markets and shipping expert Richard Stephenson. Click Below to Listen: Website – https://freightinvestorservices.com/fis-podcast/ Spotify – https://open.spotify.com/episode/6QFYgwvStlQTui173csh3c?si=SMUC5nCoTT2JmWwYcXCgLw Itunes –https://podcasts.apple.com/gb/podcast/episode-121-08-03-2023-carbon-eua-pricing-shipping/id1507094242?i=1000603288600
Daily Virtual Steel Mill Report 08/03/22
Market Verdict on Iron Ore： • Neutral. Macro： • Federal Reserve Chairman Jerome Powell said in his congressional testimony that he would further raise interest rates to achieve the 2% inflation target. The final interest rate level is higher than previously expected. If necessary, he would accelerate the pace of interest rate increase. Powell …
Ferrous Weekly Analysis Report 07/03/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Coking Coal Report 07/03/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Daily Virtual Steel Mill Report 07/03/22
Market Verdict on Iron Ore： • Neutral. Macro： • MySteel estimated that China manufacturing orders potentially recover, while the cash flow expected to improve. Mysteel estimated the investment of manufacturing would increase by 6%. • Robert Holzmann, the ECB’s governing committee, told the German Business Daily that the ECB should raise interest rates by …
Coking Coal Report 06/03/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Daily Virtual Steel Mill Report 06/03/22
Market Verdict on Iron Ore： • Neutral to bearish. Macro： • China government work report set 5% as economy growth target in 2023 and 3% as fiscal deficit rate, which were both considered conservative from the market. The market was also focusing on the new governors lists and reform programs on institutions. Iron …