Tag archives: FO

A Room with a Technical View 26/09/22

Capesize October Futures – The upside move in the futures traded above the USD 16,950 resistance resulted in the futures trading to a high of USD 21,000. Our Elliott wave analysis suggests that the upside move should be considered a countertrend, with the futures remaining vulnerable below USD 23,045 and neutral above. The new high …

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Germany Inks Energy Security Agreement With UAE 26/09/22

Germany and the UAE on Sunday signed an “energy security and industry accelerator” agreement which includes LNG and diesel supply deals. The agreement also underlines an intent to collaborate on decarbonisation and climate action, according to UAE state news agency WAM.     Under the agreement, Abu Dhabi’s state-owned Adnoc will reserve a number of …

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