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The Baltic Dry Index fell 2.53% to 3124 points.

2026-06-03

The Baltic Dry Index fell 2.53% to 3124 points.

Other News
2026-06-03

Australia's final S&P Global Services PMI for May was 48.7, down from 47.7 in the previous month.

Australia's final S&P Global Services PMI for May was 48.7, down from 47.7 in the previous month.
2026-06-03

Refinitiv survey of economists shows the ECB is expected to raise the deposit rate to 2.25% at its June 11 meeting, with a further increase possible in September. Policymakers are weighing energy-driven inflation against a slowing economy: May headli

Refinitiv survey of economists shows the ECB is expected to raise the deposit rate to 2.25% at its June 11 meeting, with a further increase possible in September. Policymakers are weighing energy-driven inflation against a slowing economy: May headline inflation was 3.2%, above the ECB’s 3.0% target, while core inflation unexpectedly rose to 2.5%, suggesting the Iran conflict is lifting prices. Recent PMIs and official data point to economic slowdown; the conflict has now run more than three months and the Strait of Hormuz remains severely congested, a factor that could worsen inflation and supply risks. Most policymakers view a June hike as inevitable and say a peace deal would likely not stop it, but economists caution that weak activity, a softening labor market and policy rates already high versus the 2022 inflation shock argue against aggressive further tightening.
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