U.S. New Home Sales Fell 2.3% In August
U.S. new home sales fell 2.3% to 295.000 SAAR; Consensus was at 293.000 SAAR, prior reading (revised upward 4.000) was at 301.000 SAAR.
Archive for September 26th, 2011
Dry Bulk Weekly – September 26, 2011
Baltic dry index rose 8.8% last week; Capesize Index was up 17.1%; Panamax Index fell 5.4%; Supramax Index was up 2.0%; Handysize Index rose 1.3%.
Iron ore inventory close to all time high, price unchanged; Steel inventory and price mostly unchanged; Coal inventory down, price stable.
August Chicago Fed National Activity Index At -0.43
Chicago Fed National Activity Index for August was reported at -0.43 vs. revised July reading of -0.02. Chicago Fed National Activity Index 3-month moving average is at -0.28.
CFNAI is pointing to mild economic growth.
Tanker Weekly – September 26, 2011
Baltic Dirty Tanker Index rose 1.6%; Baltic Clean Tanker Index rose 3.7%.