Posts Tagged ‘Baltic Dry Index’

China Dragging Commodities Down

The downward revision to China’s leading economic index has weighed significantly on equity and commodity markets this morning. The conference board claimed that the index rose by only 0.3% in April, marking a significant downward revision from the 1.7% released earlier this month. This ties in well with several of Business Monitor’s views; a relatively… [Read more]

Signs That A Rally Is At Hand

I see several signs that risk appetite is returning to the markets, which could mean we are in for a rally in the coming weeks and months. Key barometers such as sterling-yen (in fact, many yen cross rates), the VIX index, the Baltic Dry index, and Treasuries are showing signs of reversal. On a relative… [Read more]


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