Tag archives: IO

Iron Ore Market Daily Report 18/12/23

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 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE May24 Daily Technical Review 18/12/23

Verdict- Neutral. DCE May24 contract tested low during the day and recovered most of losses. The verdict changed from bearish to neutral as the technical signals were indicating an exhaustion. Hourly slow stochastic KD created gold cross above oversold area. Hourly CCI entered neutral area. Hourly MACD narrowed in bearish area. First support 915.0. First …

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Daily Virtual Steel Mill Report 18/12/23

Verdict: • Short-run Neutral.   Macro: • The New York Federal governor John Williams said: “We are not really talking about cutting interest rates right now.” He said of the issue of interest rate cuts: “I just think it is too early to think about it.” U.S. interest rate futures responded with a sudden drop …

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Iron Ore Market Daily Report 15/12/23

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 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE May24 Daily Technical Review 15/12/23

Verdict- Neutral to Bearish. DCE May24 contract created three consecutive corrections. Iron ore aggregated open interest has decreased by 14% from December 7th. From hourly chart, hourly MACD expanded in bearish territory. Hourly CCI reached bearish territory. Hourly slow stochastic KD corrected. Short-run signals were indicating a continuous testing low in next few sessions. First …

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Daily Virtual Steel Mill Report 15/12/23

Verdict: • Short-run Neutral.   Macro: • Beijing and Shanghai are optimising real estate market policies. Beijing has decreased the down payment ratio to 30% for the first home puchase, and the 40% for the second home purchase. House loans cycle rise from 25 years to 30 years. The lower limit of the interest rate …

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