Baltic index logs weekly gain on higher vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to…
China June iron ore imports retreat on anticipation of seasonal demand slowdown
China’s iron ore imports fell 4.3% in June from the previous month, customs data showed on Friday, as buyers reduced…
China’s June coal imports rise as heat boosts electricity demand
China’s coal imports in June rose12% year-on-year, customs data showed on Friday, as heatwaves in the world’s top consumer of…
Iron ore heads for weekly fall ahead of key China meeting
Iron ore futures are setfor a weekly fall amid a flurry of profit-taking, ahead of top consumer China’s third plenum,…
India’s industrial output up 5.9% y/y in May
India’s industrial output INIP=ECI grew at a stronger-than-expected 5.9% year-on-year in May amid a higher growth in the mining and…
Citi profit climbs on investment banking surge, services strength
Citigroup’s profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its…
Ukraine’s economy expands 4.1% in first half of 2024, slows in June
Ukraine’s economy grew 4.1% in the first half of 2024 from a year earlier, the economy minister said on Friday,…
The global economy needs a half-time pep talk
The Euro 2024 football championships are almost at an end. On Sunday, Spain and England will compete for the title.…
China’s exports top forecasts, but falling imports point to more stimulus
China’s exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected…
US resilience continues to be challenged
The half-time review Back in December, we were forecasting a swift slowdown in US growth that would allow inflation to…