Tuesday, March 09, 2021

 


Notes today:



  • Gold is trying to wake up -  it’s up 2% to $1708 
  • Reserve Bank of Australia chief Philip Lowe repeats that interest rates are unlikely to rise until at least 2024 as inflation is a long way from goal.
  • Hackers breach thousands of security cameras, exposing tesla, jails, hospitals..

  • The Baltic Exchange's rose for the sixth straight session - up 2.6% to 1,901. 
  • The Capesize index, rose 6.8% to 1,950.
  • The Supramax index rose 36 points to 1,969.
  • The Panamax is down a bit to 2,238.
  • Asian shipping container shortage - continues.
  • Business confidence in India is at at decade high of 74.2  up from 70.2
  • The number of China-Europe freight trains hit 1,165 in January, up 66 % YoY. 
  • Some 9.97 million pieces of anti-epidemic supplies, weighing 80,000 tonnes, have been sent to European countries including Germany, Poland and Belgium by the trains since the epidemic outbreak.

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