Archive for February 7th, 2011

New Week Intro – February 7, 2011

Weekly economic calendar.

Daily Reading – Monday, February 7, 2011

*** Wired: Cracking the Scratch Lottery Code ***
*** The Washington Post: Why politics and investing don’t mix***
*** FT Alphaville: Gold is good to go at JPMorgan repos ***
*** FT Alphaville: HuffPo proves there IS (a lot of) money in blogs ***
*** FT Alphaville: Merrill’s missing Ireland note ***
*** The Big Picture: Investors Bet $102 Billion on Gold ***
*** The Big Picture: Gross: Fed is Contributing to rise in Commodity Prices ***
*** The Big Picture: Results: Egypt Crisis Poll ***
*** The Big Picture: American Warships Heading to Egypt ***

Dry Bulk Weekly – February 7, 2011

Baltic dry index fell 8.3% last week; Capesize Index was down 5.0%; Panamax Index rose 0.8%; Supramax Index decreased 9.8%; Handysize Index fell 10.9%.

Stockpile data was not reported last week because Chinese holidays. Iron ore price fell 4%.

We could see some improvement after the lunar new year; Keeping close watch on Egypt developments.


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