Tag archives: IO

Podcast: Freight Falls, Iron Ore’s Rise & Oil Market Heats Up!

Today we discuss the geopolitical issues weighing heavily on oil prices, the roller coaster that is Capesize and whether the heat in the iron ore market is sustainable. All this and more, on this week of the Freight Up podcast – Available Now on wherever you get your podcasts.   Website: https://freightuppodcast.com/episode/freight-falls-iron-ores-rise-oil-market-heats-uphttps://lnkd.in/eACN9JVd   Spotify: https://open.spotify.com/episode/2vUCqqo1KXEbcRmddwscBI?si=0JnZD3J0T66YW2AzeO5H_A&nd=1&dlsi=c65622bace7f43dchttps://lnkd.in/ePqt_UW4   Apple Podcast: https://podcasts.apple.com/gb/podcast/freight-falls-iron-ores-rise-oil-market-heats-up/id1507094242?i=1000652019659 

Iron Ore DCE Sep24 Daily Technical Review 10/04/24

Verdict- Neutral. DCE Sep24 contract slight corrected from last closing. The price movement saw some exhaustion with evaporation of open interest and volume. Hourly MACD narrowed in bullish territory. Hourly slow stochastic KD created dead cross in overbought area. Hourly CCI corrected from bullish area to neutral area. In short-run, iron ore is waiting for …

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Daily Virtual Steel Mill Report 10/04/24

Verdict: • Short-run Neutral to Bullish.   Macro: • The US Energy Information Agency (EIA) has lowered its global oil demand growth forecast for 2024 by 480,000 barrels per day to 950,000 barrels per day. The institution has also lowered its forecast for oil demand growth in 2025 by 30,000 barrels per day to 1.35 …

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