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Baltic Index Extends Losses On Lower Capesize Rates
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses for…
Iron ore extends drop as US-China trade woes, rising steel stocks weigh
Iron ore futures fell on Wednesday for a second straight session, driven by concerns over the demand outlook stemming from…
Eurozone industrial production slumps in August despite previous optimism
Oof. Despite a boost in industry optimism about production in August, according to the PMI, the reality turned out to…
US retail sales excluding autos likely increased again in September, Chicago Fed says
U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve…
Trump ready to meet with China’s Xi in South Korea, Bessent tells CNBC
U.S. Treasury Secretary Scott Bessent on Wednesday insisted that Washington did not want to escalate a trade conflict with China,…
Deflationary pressures persist in China on weak demand, overcapacity
Deflationary pressures persisted in China, with both consumer and producer prices falling in September, supporting the case for more policy…