Tag archives: CC

Freight and Commodity Podcast 16/11/22

An overview of the Freight and FFA market; with a rollercoaster of news in China, we hear how that affects Iron Ore and finally end with some colour in the fuel oil market.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/0IMck3PzVAXmZ1440ril2O?si=iyr5dub7QKODMA3NCRH87g   Itunes – https://podcasts.apple.com/gb/podcast/episode-110-16-11-22/id1507094242?i=1000586474323  

Daily Virtual Steel Mill Report 16/11/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro: • U.S. PPI up 0.2% in October from September, est. up 0.4%. October PPI up 8% on the year, est. up 8.3%. Core PPI up 6.7% on the year, est. 7.2%. • U.K. P.M. Rishi Sunak announced to increase the minimum wage from GBP9.5 …

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A Room with a Technical View 15/11/22

Oil Jan – 23 January 23 Futures – Technically bullish on the last report, the downside move below USD 94.53 meant the technical had a neutral bias, resulting in the USD 92.33 fractal support being tested and broken. The technical is now bearish, with the futures trading to new lows on the open on the …

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Daily Virtual Steel Mill Report 15/11/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro： • OPEC decreased the oil market demand for the fifth time in 2022 since April. The OPEC expected the oil demand in 2022 at 2.55 million barrels/day, down 100,000 barrels/day from last report. • China Tianjin published 14 detailed practices to support automobile consumption. …

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Daily Virtual Steel Mill Report 14/11/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro： • European Commission sent the Autumn economy outlook 2022, expected the GDP growth in 2022 at 3.3% in EU, GDP growth in 2023 at 0.3%. The report expected the inflation rate in EU countries in 2022 and 2023 at 9.3% and 7% respectively. • …

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Daily Virtual Steel Mill Report 11/11/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro: • U. S. October CPI up 7.7%, lower than 8.2% at September, lower than expected. created the smallest since January 2022. U. S. stock index and industrial commodities rebound following the news. 10-Year Note yield fell below 4%. Investors expected a slowdown on interest …

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