The Baltic Dry Index (leading indicator for equities) is starting to break down trend line. I am told DBI has been affected by iron ore patterns of trade/contacts/spot market for the last few months.
Difficult to read much into this but a good sign for equities nonetherless.
weekend wonderings, page-17
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Last
7,850.7 |
Change
23.900(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,826.8 | 7,910.2 | 7,826.8 |
| XJO (ASX) Chart |