Little has changed in the Capesize index since last week, the higher high would suggest the technical could be firming. However, we remain below the shorter period averages with the stochastic approaching 70 implying more needs to be done for the technical to be considered as bullish. From a futures perspective we remain below Fibonacci ... read more
Dry Bulk FFA: Capesize Market On Pause Mode Ahead of the Chinese New Year Holidays
