UK assets markets starting to feel the heat
UK markets were under pressure on Friday as the leadership battle within the ruling Labour Party starts to open up. To recap, this week’s turmoil follows a very weak, but not totally unsurprising,...
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Fed’s Hammack official emphasizes importance of central bank independence
Federal Reserve Bank of Cleveland President Beth Hammack stated Thursday that evidence supports the effectiveness of an independent central bank in policymaking. “Independence is important in...
Baltic Dry Index Retreats
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, fell about 1.4% to 3,151 points on Friday, after rising by 0.2% in the prior day,...
Shipping Market Outlook: Q2 2026
The global shipping market is navigating Q2 2026 under the ongoing weight of an unprecedented geopolitical shock. The de facto closure of the Strait of Hormuz, now entering its third month, has...
Tanker Market: Rates Remained Elevated in April
Tanker rates remained elevated during the month of April, but mostly lower from their earlier record highs, OPEC, said in its latest monthly report. In April, trade disruptions continued to impact...