Baltic index extends gains as panamax rates climb

Baltic index extends gains as panamax rates climb
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a fourth straight session to hit an over three-month peak on Tuesday, buoyed by rising panamax vessel segment rates. The main index, which factors...
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Germany’s debt brake reform: far from a done deal

Germany’s debt brake reform: far from a done deal
Markets have shown signs of euphoria over the prospect of a historic fiscal boost in Europe’s largest economy. But, as Deutsche Bank cautions, the debt brake reform planned by Germany’s prospective government is far from a done deal and there are “considerable”...
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Iron ore falls on concerns over demand outlook

Prices of iron ore futures slipped on Monday as caution over U.S. tariffs and China’s pledge to cut crude steel output this year clouded demand prospects. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) erased earlier gains to end...
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