Rui MR Pinto

Shipping as a Leading Economic Indicator

Ocean Shipping Sailing Cancellations Regarding ocean container shipping, an important indicator regarding worldwide trade, Drewry reports that in the key East–West trade lanes—Transpacific, Transatlantic, and Asia-North Europe & Med—68 sailings have been cancelled between weeks 19 (5 May–11 May) and 23 (2 Jun–8 Jun), out of a total 698 scheduled sailings, representing a 10% cancellation

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Equities Recover on Strong Jobs Numbers, Commodities Fall. Market Recap: 28 April – 2 May 2025

Financial Markets US Stock Market This week the S&P500 and the NASDAQ 100 continued recovering and rose by 2.9% and 3.5%, respectively. On the way up, the S&P may encounter resistance around ~5650. The small cap index (Russel 2000) was up by 3.3%. Trading volumes were average. COMMODITIES Precious metals corrected this week, with gold

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