Tag archives: IO

Iron Ore DCE January Daily Technical Review 11/08/22

Verdict – Short-term neutral.   DCE iron ore January contract created roof area from 745.0 – 755.0, as intra-day high rejected by this area. Thus, iron ore was still in bearish territory. Hourly slow stochastic KD created a bearish divergence with hourly candles movement. Hourly CCI returned to bullish territory. Short-run signals were indicating a …

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Daily Virtual Steel Mill Report 11/08/22

Market Verdict on Iron Ore： • Neutral.   Macro • U.S. July CPI up 8.5%, last 9.1%, est. 8.7%. China July CPI up 2.7 on the year, last 2.5%, est. 2.9%. • Chinese machinery sales in July turned from negative to positive, ended a negative number last for previous 14 months. Jan – Jul machinery …

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Freight and Commodity Podcast 10/08/22

We take a look at the future prospects for the dry freight market, carbon markets, and shine a spotlight on the scrap market with our special guest Alberto Xodo of the LME.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/7hD44ZpLp2R4que2WLFDQX?si=GTD23HjzS4iMIm_iPWgJZA   iTunes – https://podcasts.apple.com/gb/podcast/episode-103-10-08-22/id1507094242?i=1000575660552