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
Tag archives: CC
Daily Virtual Steel Mill Report 08/11/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • Surveys indicated that Eurozone investing confidence index Sentix improved – 38.3 to 30.9, higher than expected 35, indicated the decrease in energy price prevent the shortage in winter. • China customs statistics indicated that the first 10 months import amount at 34.62 trillion …
A Room with a Technical View 07/11/22
Capesize Dec Futures – The trend remains technically bearish, having broken the head and shoulders neckline to the sell side (neckline USD 14,750), resulting in the futures trading to a low of USD 10,150. We have seen light buying support in the last five sessions with what potentially looks like a bear flag forming; the …
Daily Virtual Steel Mill Report 07/11/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • Chinese governors launched speech in Import Expo that China would promote all countries to share the country’s market opportunities, accelerate the construction of a bigger domestic market, optimize the trade mechanism, innovate the trade and services, and expand the import of high-quality products. …
Daily Virtual Steel Mill Report 04/11/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • BOE increased interest rate by 75 bps to 3%, refreshed the highest interest rate since 2008. • U.S. interest rate traders believed that the Federal would maintain the target interest rate at 5% during most time of 2023 to fight inflation. Iron …
Coking Coal Report 03/11/22
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 03/11/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • U.S. FOMC increased interest rate by 75 bps to 3.75%-4%, as expected. However Jerome Powell speech mentioned the Federal potentially increase the target interest rate to 5%. U.S. stock index correct massively after the speech. • ECB president Christine Lagarde said that the …
Coking Coal Report 02/11/22
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
Freight and Commodity Podcast 02/11/22
We cover one of the fastest growing ‘next generation’ fuels with multiple uses, including electricity generation, vessel fuel, and fertilizer: our latest product addition, Ammonia. We also put a little sprinkle of oil as we look at the oil & products market and get a freight market overview. Click Below to Listen: …
Daily Virtual Steel Mill Report 02/11/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • U.S. ISM PMI in October at 50.2, refreshed new low since May 2020. U.S. markit manufacturing PMI 50.4, refreshed new low since June 2020. • ECB president Christine Lagarde said that the main task of Europe at present is to stabilize prices, and …