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FIS CASTAWAY – EPS.23 – UNPRECEDENTED COVERAGE IN UNPRECEDENTED TIMES
How are the markets pricing the US election? What’s in store for capesize freight? And why is iron ore still so high?? Answer all these questions and more with a listen of this week’s Castaway – now with 50% fewer puns. Freight Investor Services · Castaway – Ep 23 Disclaimer: freightinvestorservices.com/castaway-disclaimer/
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FIS Technical – Brent June Daily
FIS Technical – Brent June Daily Technically bearish with the RSI below 50, the stochastic overbought and price below the resistance gap would suggest this upside wave could be a countertrend move, downside moves that hold above the USD 26.63 level would support a buyers argument To view the full report please click on the…
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Capesize retreats on lengthy tonnage list
Capesize paper market retreated amid a lengthy tonnage list and growing economic concerns over coronavirus outbreak.
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Long tonnage list drags down freight rates
Capesize rates continued to come under pressure on long tonnage list and weak shipping demand.
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Not much upside for freight ahead of Spring festival
With Lunar New Year just around the corner, the freight market seemed be weakened by the inactivity of Chinese traders.
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Long tonnage list drags down freight rates
Capesize freight rates continued to slip on long tonnage list with bunker prices cooling off.
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BDI rise reflects booming FFA market
Baltic Dry Index (BDI) gained 0.98% on-day to 1,440 points on Wednesday, on better Capesize freight rates.
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BDI falls on Capesize’s correction
BDI fell by 3.37% on-day to 1,260 points on Wednesday, following a decline in the Capesize paper market.
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BDI rises on strong Capesize market
Baltic Dry Index (BDI) booked a gain on Wednesday at 1,365 reading, up 0.81% on-day, due to stronger Capesize rates.
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BDI falls on slow Capesize market
Baltic Dry Index dropped to a two-week low from a slow Capesize market.
