The Baltic Dry Index #BDI says a different story about China’s reopening!
Ken Morrison from “Morrison on the Markets” sits down with Blake Morrow to discuss the commodities market after his trip to Australia. Ken talks about what he learned about Australia, the local markets which is giving him some clues to the global economy.
He notes the #BDI (Baltic Dry Index) which suggests something different from what the media may be discussing about the “China Reopening.”
Ken also discusses crude oil and some of the anomalies he is seeing there. He does think that crude’s bounce may stall this week.
Ken makes the case for higher beef prices in the coming YEARS and he shows many charts, and discusses the reasons we may see higher prices in the coming months and years.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #KenMorrison #China #BDI #Crude
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.