dry

The Black Sea region could provide additional support to the dry bulk market in the coming months

The Black Sea region could provide additional support to the dry bulk market in the coming months

Jhe dry bulk market could be boosted by the current situation in the Black Sea grain market. In its latest weekly report, shipping broker Intermodal said that “global grain markets continue to remain tight. Drought, high temperatures, heavy rains, low yields and geopolitical disruptions have increased uncertainty and reduced demand for bulk carriers. Cereals shipping …

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EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD moved sideways above 1.0400 on less trading activity during Thanksgiving Day. The Federal Reserve is expected to drop the 75 basis point rate hike measure to shield the economy from financial risks. The European Central Bank is required to tighten policy further to slow inflationary pressures. EUR/USD should remain bullish as the risk appetite …

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