Tag archives: CC

Freight and Commodity Podcast 19/10/22

A special edition episode as we wish the podcast founder, Chris Hudson a farewell. We interview Chris and his old friends on the world of FFAs, fuel oil, and steel.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/75wSEWHTqcFsQngJ4KcTp7?si=2JDyZavnQFSECcVDLBGYgQ   Itunes – https://podcasts.apple.com/gb/podcast/episode-108-19-10-22/id1507094242?i=1000583186375  

Daily Virtual Steel Mill Report 19/10/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The new British Chancellor of the exchequer overturned Prime Minister Truss’s huge energy subsidy plan. Supported by the news, the British pound rose 1.54%, and the FTSE index was nearly 1% by closing. • U.S. Industrial production growth rate increased 0.4% in September compared with …

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Daily Virtual Steel Mill Report 18/10/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The new British Chancellor of the exchequer overturned Prime Minister Truss’s huge energy subsidy plan. Supported by the news, the British pound rose 1.54%, and the FTSE index was nearly 1% by closing. • U.S. EIA report indicated the biggest shale oil basin production estimated …

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A Room with a Technical View 17/10/22

Capesize November Futures – Technically bearish last week on the break in the head and shoulders pattern below USD 14,750, the futures targeted the USD 11,125 and USD 8,575 support levels. The downside break has been followed by 4 days of consolidation, with price trading between USD 13,500 and USD 15,500. The futures are moving …

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Daily Virtual Steel Mill Report 17/10/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The first day of Chinese National Congress stressed emphasis on real economy support, accelerating the industrialisation, manufacturing, product quality, aerospace, and digital development. • ECB official indicated that the 75 bps hike in October was appropriate. BOE indicated that interest rate should be raised to …

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Daily Virtual Steel Mill Report 14/10/22

Market Verdict on Iron Ore： • Neutral.   Macro： • U.S. September CPI up 8.2% y-o-y, est. 8.1%, last 8.3%. U.S. CPI up 0.4% m-o-m, est. 0.2%, last 0.1%. • China NBS: September CPI up 2.8%, refreshed high of the year, last 2.5%, est. 2.8%. China PPI September up 0.9%, est. 1.0%, last 2.3%.   …

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