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Technical Analysis #T-9101 : 2015-11-12

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Stagnation of maritime shipping or cheap fuel? The stocks of the Japanese maritime shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) edged up slightly after the R&I agency rated it A- stable. The Moody's subdivision in Japan expects the maritime shipments industry to stabilize forecasting the volumes will increase by 2% within 12-18 months and the gross operating earnings by 5-10% due to the low fuel prices. Will the NYK Line stocks rise? Late October the company revised down its

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