Cum Clave analysis N.13 preview.
China has resumed buying liquefied petroleum gas (LPG) in the United States after a 20-month hiatus as Beijing has given up punitive tariffs to increase imports of U.S. goods under the Phase 1 trade agreement. Importers hurried to request exemptions for the 25% tariff for the purchase of fuel, a by-product of US shale gas production, after
Beijing began granting exemptions this month for nearly 700 U.S. goods. The recovery of trade in the United States is expected to weigh on the prices of competing goods from Qatar and Saudi Arabia. We have a long-term bearish outlook with $ 1.30 targets.
• Indian importers of liquefied natural gas (LNG) have issued force majeure warnings to suppliers as domestic gas demand and port operations are hit by a national blockade to curb the spread of coronavirus,……
Baltic Dry Index
Baltic Dry Index: the indicator of international trade and economy.
The Baltic Dry Index, a measure of the cost of international shipping of non-liquid goods (including iron ore, coal, bauxite, cement, etc.). Prices touched a relative maximum for the period at 2200 in mid-July. Weekly crash 19 points, or 3.3%, to 557 points……………..
DeX: decentralized exchange markets
Thanks to a new technological movement, called Decentralized Finance (DeFi), new and interesting technological tools are advancing, able to exploit decentralized networks to transform not only the “old financial products”, but also access exchange markets ” traced ”(through KYC and AML for example), in secure and transparent protocols, capable of operating without intermediaries.
Decentralized exchanges are for all intents and purposes exchange markets, within which it is possible to exchange cryptocurrencies, but instead of providing the classic KYC and AML, in almost all of these exchanges, authentication………………
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