RBNZ Governor Breman said the bank will assess incoming data and global developments ahead of its October policy decision and will continue to monitor the inflation outlook.

U.S. President Trump says he will hold a meeting today on Iran and described Iran’s situation as not good.

The Baltic Dry Index (BDI) rose 29 points, or 0.8%, to 3,399 on Monday as freight rates strengthened across all vessel classes. The Capesize index (BCI) gained 71 points, or 1.2%, to 5,839; Capesize average daily earnings rose $638 to $49,450. The Panamax index (BPI) added 4 points, or 0.18%, to 2,255, with Panamax daily earnings up $35 to $20,297. The Supramax/Handy index (BSI) increased 4 points, or 0.2%, to 1,771.