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
Tag archives: IO
Iron Ore DCE September Daily Technical Review 20/05/22
Verdict – Short-term neutral to bullish. DCE iron ore September rebound as expected from last report, however volume declined significantly and the high was rejected previous reversal area at 848.5. Slow stochastic KD potentially create dead cross near overbought area. Hourly CCI reached bullish territory. Technical signals were indicating a potential to test high, …
Continue reading “Iron Ore DCE September Daily Technical Review 20/05/22”
Daily Virtual Steel Mill Report 20/05/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro • The minutes of the ECB meeting showed that ECB members were generally worried about high inflation data. The ECB should end its asset purchase program “in the first few weeks of the third quarter” and raise interest rates “for some time afterwards”. • …
Daily DCE Review 20/05/22
Iron ore futures ended the week on high note, despite market sentiment on softer steel demand amid thin steel margins. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 5.13% day-on-day or up RMB 42.50 to RMB 842.50/mt, during the day trading session on Friday. The rebar …
London Iron Ore Report 19/05/22
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
Singapore Iron Ore Derivatives Report 19/05/22
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
Iron Ore Offshore June 22 Morning Technical Comment – 240 Min Chart 19/05/22
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
Daily DCE Review 19/05/22
Iron ore futures gained slightly in the day trading session, despite market sentiment on softer steel demand amid thin steel margins. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 0.18% day-on-day or up RMB 1.50 to RMB 818/mt, during the day trading session on Thursday. The …
Iron Ore DCE September Daily Technical Review 19/05/22
Verdict – Short-term neutral to bullish. DCE iron ore September contract tested the support near 780.0, however resisted by 777.0 with expanding volume. 777.0 – 780.0 would still become an important support level in mid-run. Hourly slow stocahstic KD created gold cross above oversold area. Hourly MACD potentially create gold cross. Short-run technical signals …
Continue reading “Iron Ore DCE September Daily Technical Review 19/05/22”
Daily Virtual Steel Mill Report 19/05/22
Market Verdict on Iron Ore: • Neutral. Macro • The U.N. decreased the global economy growth rate at 3.1%, lower than 4% expectation estimated in January. Expected inflation rate at 6.7%, nearly trippled the average inflation level from 2010- 2020, contributed by the massive increase on grains and energy price. • U.K. CPI up …