POSCO Halts Some Plants Due To South Korea Trucker Strike 13/06/22

Top Steelmaker in South Korea Halts Production on Trucker Strike   South Korea’s top steelmaker Posco said it has halted output of some products as a prolonged strike by truck drivers adds more disruption to global supply chains.  The Pohang-based company stopped production at its four wire-rod factories and two cold-rolled steel plants as of …

Freight and Commodity Podcast 08/06/22

John Banaszkiewicz recalls the highlights from the history of the freight and commodity derivatives markets and we talk about the future in our 100th podcast episode special.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/1n2Re46TpigG7gPdMkTMiN?si=oDnThwIISqqeA4C9fRSrTQ   iTunes – https://podcasts.apple.com/gb/podcast/episode-100-08-06-22/id1507094242?i=1000565642091

A Room with a Technical View 06/06/22

Oil August Futures – Technically bullish on the last report the futures did trade above the USD 115.69 fractal resistance resulting in the USD 123.74 level being broken. The roll into the August contract resulted in a technical pullback, however price held above the USD 112.36 level supporting a bull argument. Key support remains unchanged, …