Tag Archives | Baltic Dry Index

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NY RALLIES BUT BASIS REMAIN STRONG Equities were able to recover in the past five sessions partially driven by the FOMC’s minutes suggesting that interest rate increase will be gradual and on words from Mario Draghi that said the ECB will do what it must to raise inflation as quick as possible. The dollar index […]

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Baltic Dry Index

The Baltic Exchange Dry Index, which measures the cost of dry bulk shipping, continued to drop. Although not as good a proxy for commodity indices as it once was, the Baltic Dry’s fall is reckoned to reflect weakened demand for raw materials in China. The share prices of shipping lines in China and Japan are […]

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