Tag archives: CC

A Room with a Technical View 12/09/22

Capesize October Futures – As noted last week, the futures had started to move lower with downside moves that held above the USD 11,132, supporting a near-term bull argument. The futures traded down to but held the USD 11,132 level, supporting a near-term bull argument, resulting in the futures moving higher (current price USD 15,250 …

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Freight and Commodity Podcast 07/09/22

On this week’s episode, we speak with the Head of Business Development, our Fuel Oil Broker and our Technical Analyst to look at what’s happening in the world of Freight, Iron Ore, and Oil.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2Jgo9jFQq4VEvIGcA5yneJ?si=IJq-p2jTReWguZtNA8n1Rg   Itunes – https://podcasts.apple.com/gb/podcast/episode-105-07-09-22/id1507094242?i=1000578716086  

Daily Virtual Steel Mill Report 07/09/22

Market Verdict on Iron Ore： • Neutral.   Macro • British new PM Elizabeth Truss said that she will prioritise economic growth, tackling energy crisis and improving access to health service. • From January to August, China imported 723 million tons of iron ores, down 3.1% on the year. China imported 61.33 million tons of …

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Daily Virtual Steel Mill Report 06/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro • China PBOC decreased foreign reserve ratio from 8% to 6% to neutralise the depreciation risk on Chinese Yuan, which was the second time cut on this ratio within the year. • Chinese financial department statistics indicated that total debt issuance at 352 million …

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